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Steel e-commerce boss comments: Is rising steel prices a good thing?
There are advantages and disadvantages. The advantages are: the economic benefits of steel plants are significantly improved; the disadvantages are: it stimulates the release of more production capacity, drives up the prices of upstream raw materials, fuels, etc., suppresses the amount of export contracts, reduces the enthusiasm for research and development of special steel products, and reduces the demand of small and medium-sized customers. Without attention, it becomes more difficult to reduce production capacity.
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