Higher industry concentration boosts bargaining power, enhancing negotiation skills in raw material procurement like iron ore, and improving profit distribution along the industry chain

Th12 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.

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SMM • 2 năm trước
China iron ore imports rose by 3.4% MoM in November, with the import volume anticipated to decrease in December
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SMM • 2 năm trước
Chinese steel firms are consolidating and restructuring, industry concentration boosts their bargaining power for raw materials like iron ore

Higher industry concentration boosts bargaining power, enhancing negotiation skills in raw material procurement like iron ore, and improving profit distribution along the industry chain

China iron ore imports rose by 3.4% MoM in November, with the import volume anticipated to decrease in December

Chinese steel firms are consolidating and restructuring, industry concentration boosts their bargaining power for raw materials like iron ore