Iron and Steel

China Steel Industry Under the Pressure of Cost Increment

China Steel Industry Under the Pressure of Cost Increment
Mining News Pro - In the first three months of 2019, China’s steel trades was sustainable and in had an increase in both production volume and exports.
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According to Mining News Pro - Although everything in steel market of China seems normal, the increase in the price of raw materials caused a growth in the final price.

On the other hand, China’s environmental steel policies has created production limitations in many different areas of this country, which will increase the mining operational costs.

Chinese steelmakers need to improve their technology to reduce costs in order to keep prices at competitive levels


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