The domestic steel industry is facing a long winter.

As the macro-economic growth is slowing down, the steel industry is getting worse.

ANBOUND's research team is of the view that the new normal is not a short term phenomenon but rather it is middle-long term phenomenon.

Therefore, there should be long-term, careful preparation for the adjustment in macro-cyclical industries; the steel industry is in need of massive winding up, merger and acquisition, increased export, enhanced added value of the products and the realization of market clearing.