Principles of controlling steel output

With the recovery of steel demand, China's steel output seems to have crossed the previous peak in the past three years and resumed the growth trend. Under the background that the profit distribution pattern of the current industrial chain is inclined to the upstream, and China will achieve the peak of carbon before 2030, it is obviously unwise for the steel output to continue to grow substantially.

In the face of the environment suitable for the growth of steel output both inside and outside the industry, we hope to adhere to several basic principles to control steel output, that is, to promote the structural adjustment of the steel industry as the purpose, to control carbon emissions as the long-term goal, to improve the competitiveness and profitability of steel enterprises as the short-term goal, and to use market-oriented means to promote the policies of controlling steel output to create an internal and external environment conducive to the reduction of production in the iron and steel industry.

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