Expansion of Domestic Demand will Effectively Drive the Investment in Infrastructure construction and Demand for Steel

SHANGHAI, Mar 22 (SMM) - Jiang Wei, vice president of the China Iron and Steel Association, said that there are some positive factors in China's steel industry. For example, the real estate industry is expected to recover; steel demand from modern industries such as green energy, emerging industries have increased significantly; the expansion of domestic demand will effectively drive the investment in infrastructure construction, and the demand for steel for infrastructure will remain high; the steel consumption from home appliances and automobiles sectors is expected to increase.