Fundamental analysis by BourseMag|مجله بورس about Stock فولاد on 8/8/2025

🔺 Status of steel production China produces more than half of the world's total #steel and is the largest consumer of this raw material. The #infographic shows the amount of steel production in large producers. After China, #India and #Japan are located. The weakness of the housing sector in China has damaged steel producers in the country and has forced them to increase their export of their products, but this has been met with an export intentions. The Chinese government is reducing steel production. In China, steel consumption in the construction, infrastructure and factory production sector is very high, so about 90 percent of the steel produced in the country is consumed domestically. Steel consumption in wealthy economies is low because they have developed infrastructure and steel requires less.