China's urbanization has gradually entered a plateau period. Due to the adjustment of supply and demand relations, steel prices declined, while the prices of raw materials such as iron ore remained high. Combined factors exacerbated the decline in profits of steel companies.
At the same time, coupled with the impact of the epidemic, the Russia-Ukraine conflict and other unfavourable factors, the domestic steel industry has entered a downturn.
![Цены на магний растут три сессии подряд! Стоимостная сторона остаётся «раскалённой», в то время как сторона спроса с трудом перенимает инициативу [Комментарий SMM]](https://imgqn.smm.cn/usercenter/EutUV20251217171724.jpeg)
