The global economic activity generally slows down, and the downstream demand of the steel industry remains sluggish in the short term

In response to investors’ questions, TISCO Stainless Steel said that at present, global economic activity has generally slowed down, the impact of the domestic epidemic has not been eliminated, the economy is under pressure, and the downstream demand of the steel industry is still sluggish in the short term. It is expected that with the improvement of the follow-up situation, the domestic economy is expected to recover as a whole, driving the recovery of demand in the steel industry.

We also hope that through the joint efforts of the whole industry, the concentration will be improved and the steel industry will undergo substantial changes.