Jiugang Hongxing said at the 2026 semi-annual results briefing held on October 13 that at this stage, the domestic steel industry is still facing pressure such as shrinking demand and rising costs. Steel prices continue to run low, raw fuel prices remain high, and profits of the entire industry have been under pressure since September. Facing the serious situation, the company will firmly stabilize the current fundamentals of continuous improvement in production and operation, continue to explore the potential for cost reduction and efficiency, structural optimization, and market efficiency based on resource strategies and product transformation and upgrading strategies, and make every effort to ensure the improvement of operational quality and efficiency.

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