HBIS: Steel Industry Likely to Fully Repair

During the institutional research, HBIS stated that the external environment of the steel industry was extremely severe in 2022, and thus the profits generally declined. The company has experienced many pressures and tests from pandemic prevention and control, but has achieved stable production and operation. In 2023, the external environment is still complicate and severe, but the overall outlook is positive. China pays great attention to the development of economy. It is expected that the steel industry will be comprehensively repaired.