'Demand for housing will rise, stimulating need for steel'

摘要

For long there has been talk of consolidation in the Chinese steel industry. What has the impact of that been? This Chinese industry has been talking of consolidation for a long time, yet year after year the situation remains unchanged. I think the main issue is that the Chinese steel industry has a large number of small scale steel producers. They kind of, affect the margin of supply and demand market to a large extent and that is one thing that is disrupting the market and making it very disorganised for production trends and pricing trends.