Antai Group: notable improvement to be made in major products' profitability
2018-05-29 17:24:52 [Print]
According to Antai Group President Yang Jinlong on May 28, as China presses on with supply-side reform and the Chinese steel industry carries on de-capacity campaign, the supply-demand relation in the steel industry gradually comes to a balance and the pricing system is reestablished, and as a result steel prices go up gradually and steel enterprises report improving economic proceeds on the whole
. Particularly, when low-quality steel enterprises are all forced to exit the market, steel enterprises will make notably increasing profits . Under such a background, Antai Group is likely to make great progress in the profitability of its major products H steel and coke.