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- "New infrastructure" will lead the steady growth of the steel industry
"New infrastructure" will lead the steady growth of the steel industry
The iron and steel industry has a long industrial chain, a wide range of related industries, and a high degree of globalization, which is closely related to the development of the world economy. As the epidemic sweeps across the world, the industry as a whole is bound to be affected. China's steel industry is one of the most internationally competitive industries, with a sound industrial system and at the same time a hub of the global steel supply chain.
This epidemic will definitely have a greater impact on global steel demand in the short term, and the final impact of the epidemic will still depend on the duration of the epidemic. After the epidemic is over, many countries will take measures to resume economic development and boost the growth of steel consumption.