Home > News > Market Trend and Demand The rise in steel prices is transmitted to downstream industries Will Affact the Price of Nano nano silicon powder Market Trend and Demand The rise in steel prices is transmitted to downstream industries Will Affact the Price of Nano nano silicon powder Statistics from Lange Steel show that from January to May this year, the overall profit of the steel industry was 228.23 billion yuan, accounting for 92.6% of the total profit of 246.46 billion yuan in 2020. The performance forecasts of related listed companies also further confirm the industry
popularity. In the first half of 2021, a number of listed steel companies are expected to increase their performance, including Chongqing Iron and Steel, Maanshan Iron and Steel, Baosteel, Nanjing Iron and Steel, Shandong Iron and Steel, CITIC Special Steel, Anshan Iron and Steel, Shagang, and other eight companies have released their first half of the performance forecast Among them, Valin Steel achieved net profit attributable to shareholders of listed companies of approximately 5.3 billion to 5.7 billion yuan, which is expected to increase by 75% to 89% year-on-year.