India’s biggest steelmaker by market value said the surge in global steel prices could be threatened as global steel production increases and exports from China, the largest steel producer.
A few days ago, Hegang shares in the Shenzhen Stock Exchange interactive platform said, Hebei iron and steel industry transformation and upgrading fund total scale of 8.5 billion yuan.
This is the basis for the more positive economic picture we forecasted in our 2021 Short Range Outlook (SRO), where steel demand is expected to recover to 1,795 Mt, an increase of 4.1 % over 2020.