China to improve quality of industrial raw materials

Published: Oct 26, 2018 16:30
The 3-year plan will target steel, non-ferrous metals, petrochemicals, and building materials

SHANGHAI, Oct 26 (SMM) – A three-year plan to improve the quality of industrial raw materials to meet internatinal standards will raise the quality of more than half of China's steel products by 2020.

Theplan from 2018-2020 was jointly issued by Ministry of Industry and Information Technology (MIIT), Ministry of Science and Technology, Ministry of Commerce, and State Administration for Market Regulation. It was published on the MIIT website on Thursday October 25. 

The regulation targets steel, non-ferrous metals, petrochemicals, and building materials.

In the non-ferrous sector, the plan highlighted that quality of raw materials should be significantly improved across ships, rail transport, and new-energy vehicles. 

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 for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM Precious Metals Express]
14 hours ago
[SMM Precious Metals Express]
Read More
[SMM Precious Metals Express]
[SMM Precious Metals Express]
According to China customs data, in August 2026, China imported approximately 8.11 tonnes of unwrought platinum and platinum powder, down 2.87% month-on-month and up 11.55% year-on-year. In August 2026, imports of unwrought palladium and palladium powder stood at about 3.35 tonnes, up 12.04% month-on-month and 73.58% year-on-year.
14 hours ago
China's Silver Exports Rise MoM in Aug, Imports increase 74.3%; Ore Imports Up 39% YoY
16 hours ago
China's Silver Exports Rise MoM in Aug, Imports increase 74.3%; Ore Imports Up 39% YoY
Read More
China's Silver Exports Rise MoM in Aug, Imports increase 74.3%; Ore Imports Up 39% YoY
China's Silver Exports Rise MoM in Aug, Imports increase 74.3%; Ore Imports Up 39% YoY
[SMM Silver Express] Customs data shows China's exports of 99.99% unwrought silver reached 405.98 tonnes in August 2026, up 15.8% month-on-month but down 0.6% year-on-year; cumulative exports for January-August reached 3,031.51 tonnes, down 2.6% year-on-year. August imports were 66.24 tonnes, up 74.3% month-on-month; cumulative imports for January-August reached 951.39 tonnes. Silver ore and concentrate imports reached 266,055.59 tonnes in August, up 24.47% month-on-month and 39% year-on-year; cumulative imports for January-August reached 1.6444 million tonnes, up 36.6% year-on-year.
16 hours ago
【SMM Analysis】Implats 2010 To 2025: Why More Metal Does Not Always Mean More Money
Sep 18, 2026 21:48
【SMM Analysis】Implats 2010 To 2025: Why More Metal Does Not Always Mean More Money
Read More
【SMM Analysis】Implats 2010 To 2025: Why More Metal Does Not Always Mean More Money
【SMM Analysis】Implats 2010 To 2025: Why More Metal Does Not Always Mean More Money
Implats’ 2010–2025 operating record shows why higher output does not always mean stronger profits. Metal prices, operating disruptions, acquisitions and currency movements shaped performance. Palladium and rhodium prices fell sharply after FY2021. FY2026 results show a recovery, but lasting strength depends on safe operations, reliable processing, disciplined costs and converting metal into cash, rather than relying on favourable prices alone.
Sep 18, 2026 21:48