Valin Iron and Steel: Output of iron and steel industry faces YOY increase in 2019
2019-12-18 16:18:18 [Print]
Valin Iron and Steel revealed in the newly released List of Investors and Activities that the output of iron and steel industry would face year-on-year increase this year
. There are three reasons . Firstly, the improvement of capacity utilization rate in steel mills led to increase of output . Secondly, the new blast furnaces and the old ones might be in operation together in the process of capacity transfer for some blast furnaces . Thirdly, the profit margins were not thin, which drove some companies started the production of electric arc furnaces.