Ministry of Industry and Information Technology: Encourage steel companies to implement mergers and reorganizations

Published: Aug 28, 2023 18:48
The Ministry of Industry and Information Technology held a press conference on the steady growth of the raw material industry on August 25.

The Ministry of Industry and Information Technology held a press conference on the steady growth of the raw material industry on August 25. Chang Guowu, director of the Department of Raw Materials Industry of the Ministry of Industry and Information Technology, said that iron and steel enterprises are encouraged to implement mergers and reorganizations. And for iron and steel enterprises that have completed substantial mergers and reorganizations, the Ministry will give greater policy support for capacity replacement.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Ministry of Industry and Information Technology: Encourage steel companies to implement mergers and reorganizations - Shanghai Metals Market (SMM)