2022-12-14
The steel industry faces both cost and transformational pressures
Experts believe that steel companies are facing the dual pressure of rising costs and transformation and upgrading. At present, the operating costs of steel-related enterprises mainly include labor costs, fuel material costs and logistics costs. Due to the disappearance of the demographic dividend, the labor cost advantage also disappeared simultaneously; Raw materials are mostly commodities, and negotiations are difficult; To reduce overall costs, a multi-pronged approach is necessary to improve operational efficiency.

In the view of experts, China's steel industry urgently needs to improve the ability to negotiate iron ore prices, but also faces the pressure of transformation and upgrading, and intelligence and big data will become one of the key development directions in the future.