The vision of weathering steel plate manufacturers under the One Belt and One Road policy

How weather-resistant steel plate manufacturers can accurately delineate our market and how to accurately quantify our risks in the context of the Belt and Road Initiative is one aspect. In line with our One Belt and One Road policy, our vision is to create some refining and chemical projects in these countries, especially since these countries have large populations and relatively stable economic growth. Moreover, their existing refining equipment and other technologies are relatively weak. They are even rarely equipped with the secondary equipment that appeared decades ago. The growth rate of their per capita demand for energy and the possible growth brought by space The potential is very large. At the same time, I just mentioned that there are exchange rates and other financial risks in different environments. We must first see the existence of these opportunities, and then we can gradually quantify how we should invest. For example, we are currently using some domestic excess production capacity to gradually transfer and use equipment to drive our investment opportunities. On the one hand, we can improve the utilization rate of our production capacity devices, and on the other hand, we can make products that meet local needs in a timely manner. In many latitudes, the gaps in cognition and opportunities are relatively large.

At present, the steel society's inventory decline is expanding month-on-month. The weathering steel plate manufacturers' vision under the Belt and Road policy, especially when prices are at a disadvantage, is somewhat larger than expected. It is understood that the number of days for inventory depletion has been basically the same as the same period in 2017, and the absolute amount of inventory is only less than 5% higher than the same period last year, which is roughly equivalent to the amount of inventory depletion in one week. Does this mean that supply and demand are actually relatively optimistic?