Tim Shu emphasized that capacity expansion is an important issue and stated that competition for market share is intense, but the lack of large distribution capacities makes it difficult to provide great value. However, Shu stated that the potential is high and that he thinks this capacity can increase with the developments in the sector.
In an environment of rapid market dynamics and increasing competition over the past year, Tim Shu's primary objective is to provide practical and effective steel solutions. With a focus on supporting the growth of customers' businesses, Shu pointed out that the increase in demand from emerging markets and the decline in interest rates will have a positive impact on steel prices.
Tim Shu said he foresees a gradual rise in steel prices in the future, emphasizing his commitment to closely monitor industry dynamics and provide customers with sustainable steel solutions. Mr. Shu's remarks provide a remarkable perspective for those following key developments in the steel industry.
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