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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.
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