Huangli Steel replied on an interactive platform that in October, espe

Published: Nov 13, 2023 11:39

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Huangli Steel replied on an interactive platform that in October, especially in the first half of the month, the prices of raw materials rose, but steel prices still fluctuated weakly, and the industry's losses further expanded. The differentiation of the industry is caused by demand differentiation, with the demand for general steel represented by threaded steel shrinking significantly, but with the transformation of China's manufacturing industry to high-end, the competitive advantages of a few leading enterprises are more prominent. The company's proportion of steel varieties and direct supply of products is high, which is conducive to transmitting cost pressure to downstream and maintaining relatively stable profitability.

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