BSGCO(SZ:000959) Xin Lang Cai Jing·2025-09-04 08:41Core Viewpoint - The upstream industry is experiencing a high level of monopoly, with four major mining companies controlling a significant portion of the profits in the supply chain, posing challenges for cost control in the steel industry [1] Group 1: Industry Context - The steel industry is facing significant cost control challenges due to the monopolistic behavior of major mining companies [1] - The dominance of these four mining companies impacts the pricing of iron ore, which is a critical raw material for steel production [1] Group 2: Company Strategy - The company plans to collaborate with other domestic steel enterprises to pursue stable and reasonable pricing for iron ore and other bulk commodity raw materials [1] - The company aims to maintain the long-term health of the supply chain through collective efforts in procurement strategies [1]