Therefore, the crazy price increase of iron ore has a great influence on China iron and steel enterprises!
It is not conducive to the stability of the industrial chain supply chain and seriously affects the survival of steel enterprises! At present, most domestic iron and steel enterprises are meager profits, relying entirely on large output and small profits but quick turnover to maintain the normal operation of enterprises!
The rise of iron ore directly leads to the increase of steel cost, which seriously affects the international competitiveness of China steel enterprises!
To tell the truth, China Steel has seized a part of the international market by its high quality and low price, and the real high-end steel is in the hands of others. Without price advantage, can China steel enterprises still have international competitiveness?