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Chapter 1509 - Chapter 41: Global Economic Recovery (3)

"Especially in some backward countries and regions, considering political, national defense, and other aspects, the unlimited expansion of steel production might lead to severe backlashes if not handled properly."

Steel production enterprises in backward countries and regions certainly do not match an industrial nation like East Africa in terms of funds, technology, and talent. However, due to the needs of national development, they have to support the development of the steel industry, which can easily lead to a scenario where there is capacity but overall production efficiency is low and product quality cannot compete in the international market.

If handled improperly, it could easily backfire. Of course, there's not a lack of solutions for this issue since the growth of the steel enterprise itself is a process from nothing to something, from weak to strong.

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