Persisting in the long term goal of controlling steel output

The output of an industry is determined by the change of its demand. The growth curve of steel industry in any country is smooth at the end, rather than a sudden rapid decline after reaching the peak.

The sustainability of China's economic development, the consistency of counter cyclical adjustment policies, and the depth of demand determine that the demand of the steel industry will not drop precipitously in the short term. Therefore, it is unrealistic to hope that China's steel output will change from rapid growth to decline in the short term, which is not conducive to the stable development of the industry, and even harm the steel industry.

Therefore, to control the excessive growth of steel output, we should change an annual or short-term goal into a phased goal or a five-year planning goal. Therefore, in a longer planning period, we can use various means, such as market, environmental protection, access, regulation and so on, to steadily and smoothly complete the change from output growth to stable and then to gradual decline.

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