Why did Jinan Iron and Steel Plant close down?

According to the relaxation policy of the State Council Epidemic Prevention and Control Center, although the national epidemic policy was liberalized from June 5438 to February 6, at present, the epidemic situation in major cities has almost declined, and the economic benefits of various production enterprises have declined. Shandong Jinan Iron and Steel Plant also closed due to economic recession, reduced orders and insufficient start-up.