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The progress of our company’s recent new projects isn’t being supported by the senior management; it seems that some of these projects will have to be postponed. Is this the case for everyone?
It should be more or less the same; no new projects have been launched, so they won’t be started for now, while those that have already begun need to be completed
Our company is in a very difficult situation, but we are still pushing forward with the top-bottom quenching project.
Projects with a duration of over three years should not be affected much, while those with an unnecessarily short duration should be put on hold. It’s similar everywhere in the country, so there’s no need to rush.
I came into contact with some coke-making projects that were under construction, especially those started last year; most of them were not put into operation after completion.
Our company wants to launch a coking project; we have been preparing for it for almost 2 years now, and we are looking forward to it. . .
We still have several furnaces that need to be put into use, but the company doesn’t have the money – it’s difficult!
The coking industry as a whole has now started to turn profitable, but large state-owned steel companies are not in much better shape. The Zhanjiang project of Baosteel and the Fangchenggang project of Wuhan Iron and Steel Co. serve as indicators – the time when construction is approved generally marks the arrival of better times
Our company’s 300,000-ton tar processing project is not affected and will continue as planned.
Waiting until the market improves before entering will be too late; only companies that can plan ahead and make accurate judgments will be able to win in the next round of competition.