NDRC: To Guarantee Supply and Maintain Stable Prices of Important Raw Materials and Primary Products such as Iron Ore and Fertilizers

Published: Feb 18, 2022 15:39

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On February 18, the National Development and Reform Commission and other 11 central departments jointly issued a notice on a series of policies to promote stable growth of industrial economy.

SHANGHAI, Feb 18 - On February 18, the National Development and Reform Commission and other 11 central departments jointly issued a notice on a series of policies to promote stable growth of industrial economy. This notice underlined the importance of maintaining stable supply and prices of important raw materials and primary products such as iron ore and fertilizers, and enhance the monitoring and early warning of commodity prices. What’s more, it also referred that enterprises’ investment and development of mining projects including domestic iron ore and copper ore in compliant with relative requirements of ecological and environmental protection should be supported by the government; they will also promote comprehensive utilisation of steel scrap, non-ferrous metal scraps, waste paper and other renewable resources to improve the supply capability of "urban mines" to safeguard resources.

scrap iron ore base metal copper

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