The Development Trend Of China's Steel Industry In 2018.

- Apr 12, 2018-

In 2017, on the basis of the compliance capacity of the maintenance schedule, the production capacity of illegal land and steel is cleaned up, the supply and demand of the industry is good, the competition order is optimized, and the profits of steel enterprises continue to improve. At the same time, listed companies start to acquire the parent company or controlling shareholders holding some steel assets, the steel asset securitization trend is strengthened.

By the middle of December 2017, steel plate have two big rally in 2017, the second wave (June 1, 2017-2017) on September 1 lasts for up to three months, or 33.73%, to improving economic expectations, improved profitability as the main logic. On November 27, 2017, the Shanghai stock exchange announced the adjustment of Shanghai 50 index stocks, baosteel shares and so on to Shanghai 50.

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