Higher industry concentration boosts bargaining power, enhancing negotiation skills in raw material procurement like iron ore, and improving profit distribution along the industry chain
- dic 14, 2023, at 8:20 am
- SMM
Mergers and restructurings of steel companies will swiftly boost industry concentration, yielding multiple benefits for China's steel industry development. Steel company mergers and restructurings hasten resource allocation optimization and overall industry efficiency.
- ARTÍCULO ANTERIORSMM • hace 2 años
China iron ore imports rose by 3.4% MoM in November, with the import volume anticipated to decrease in December
- SIGUIENTE ARTICULOSMM • hace 2 años
Chinese steel firms are consolidating and restructuring, industry concentration boosts their bargaining power for raw materials like iron ore



