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Chinese Steel Industries Will Get Benefits From Winter Olympics
According to the plan of Winter Olympics committee, Beijing 2022 Olympics games will be held in Beijing, yanqing and zhangjiakou, and shape into three clusters. Sports events on snow will be held in zhangjiakou, at present, Beijing is planning to build a high-speed railway to zhangjiakou.
Except for railway, venue construction, the surrounding real estate project, road construction, bridge construction and so on, which will expand the need of construction materials demands. The infomation from Zhuochuang, during 2016 to 2022, Winter Olympics will produce 55 million tons of construction steel demand, among it house construction demand will be 44 million tons, infrastructure construction demand will be 11 million tons.
Who will get the benefits? Like venue, railway and other big infrasture construction will pull the demand of construction material demands. However, steel structure and branded steel demand will also be increased, big and medium steel companies will get benefits from the Winter Olympics.
