Galaxy Securities forecasts steel industry growth from infrastructure demand

China Galaxy Securities has provided an optimistic outlook on the steel industry, highlighting the significant benefits that infrastructure projects in the Beijing-Tianjin-Hebei region will bring. Analysts at the firm point out that the increased demand for steel driven by these projects is set to elevate market expectations, further supporting the industry's growth trajectory.
This anticipated growth is particularly timely as global markets are keenly observing how domestic demand in China could influence steel prices internationally. With the ongoing emphasis on infrastructure development as a catalyst for economic recovery, stakeholders in the steel sector are encouraged to monitor developments closely.
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