Chinese steel firms are consolidating and restructuring, industry concentration boosts their bargaining power for raw materials like iron ore
- Des 13, 2023, at 10:30 am
- SMM
Both the State Council and the Ministry of Industry have indicated that by 2025, China's top ten steel producers will hold 60-70% of industry capacity.
- SebelumnyaSMM • 2 tahun yang lalu
Higher industry concentration boosts bargaining power, enhancing negotiation skills in raw material procurement like iron ore, and improving profit distribution along the industry chain
- BerikutnyaSMM • 2 tahun yang lalu
Mergers and acquisitions in the steel industry in 2023
