China Galaxy Securities: Leading steel companies are expected to benefit from the improvement of industry supply and demand dynamics.

A research report from China Galaxy Securities pointed out that the anti-inward spiral action in the steel industry is imminent, catalyzing the industry's supply-side reform and accelerating capacity regulation. In the medium to long term, leading companies in the steel industry are expected to benefit from the improvement in the industry's supply and demand structure. It is recommended to pay attention to leading companies in the steel sector that benefit from the improvement in the industry's supply and demand structure, as well as leading companies in the special steel sector with good fundamentals.