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As the epidemic situation of novel coronavirus getting more and more severe, the shortage of face masks and other disinfectant products continues to put a strain abroad. Having known that our customers may have difficulty in purchasing face masks, we decided to donate lots of medical masks to them. We believe the virus transmission can be blocked while the love will not be. Though these medical ma...
Read moreOn March 10, the private enterprise- Jingye announced its formal takeover of British Steel with the final trading price of 450 million Chinese Yen. British Steel is the second steel-making enterprise of Britain, which was acquired by Tata India in 2007. During the period of its great prosperity, its capacity consisted of 90% of the whole steel output of Britain. While since 2016, the company start...
Read moreOn March 4, the chairman of Baowu, Chen Derong noted the crude steel output last year of Baowu has reached 95.22 million tons, exceeding that of Arcelor Mittal (89.80 million tons) and ranking first in the world. He also said that the steel capacity of China consists of 50% of the world's steel capacity, so it’s normal for Baowu to rank the first by output. He said, however, this is just the first...
Read more1. Micro-environment The global economy is still going slowly and the domestic economy is still under pressure. The fiscal policy will be considered as a priority to the monetary policy. The US-China negotiation has got an over-expected effect and the bilateral relations still have a great possibility to be improved. 2. Downstream demand The real-estate policy of 2019 will be moderate than that of...
Read moreThe follwing tables and charts are the market and technology analysis of relative factors on HRC-raw material of CRC:
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