Wujin Stainless: Overall order demand is relatively cautious
2026-11-09 10:53:47
According to CoinMeta, at its third-quarter performance briefing in 2026, Wujin Stainless stated that due to factors such as the recovery of downstream terminal demand falling short of expectations and intensified market competition, overall order demand was cautious. The pace of digesting existing orders slowed down, and it became more difficult to acquire new orders. At the same time, the average selling price of products continued to decline, the price gap between upstream and downstream suppliers narrowed, and profit margins were squeezed, putting pressure on operating performance. The company will continue to deepen lean management, strictly control various operating costs, continuously optimize the product mix, focus on promoting high-value-added products, and deepen its presence in the domestic market through localized services to solidify its foundation there. Meanwhile, the company will also strengthen the maintenance and expansion of overseas markets, actively participate in international competition, strive for results, and aim to improve its financial performance.
Source:Jin10 Data
This content is for market information only and does not constitute investment advice.
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