As the iron and steel industry into small profit era, where is the way out of the steel mills and profit space?For baosteel shares (600019. SH), "zhanjiang", "new business" and "internationalization", will be the key words in the next six years.

“In iron and steel business, in addition to zhanjiang project, the company will be mainly based on adjusting regional structure and product structure, not too concerned about the increase of production scale, but will increase investment in research and development of high-end products.” Ma Guojiang who is the general manager of Baosteel explanationsthe company's latest formulation of planning from 2013 to 2018, and hopes to expand both upstream and downstream industry chain and new materials such as business so that seek new profit growth point for the company.

                                                                        XSTEEL NEWS