In 2022, due to factors such as high prices of upstream raw and auxiliary materials and sluggish downstream demand, more than 80% of listed steel companies' net profits attributable to their parents will decline year-on-year, and many steel companies will suffer operating losses. With the decline in the efficiency of the iron and steel industry, some leading private steel enterprises with strong comprehensive strength and regional leading steel enterprises may try to merge and acquire. The merger and reorganization of the iron and steel industry has accelerated, and the industry concentration has further increased.
The steel industry has entered a stage of high-quality development, and the current and next few years will still be a window period for integration and reorganization. It is believed that with the promotion and implementation of national strategic reorganization, the high-quality development pattern of the steel industry will be established, the foundation for high-quality development of the steel industry will be consolidated, and a broader development space will be won for steel companies.
