The China Iron and Steel Association (CISA) is focusing heavily on this year's crude steel production control policies and actively collaborating with national ministries on related initiatives

Published: Apr 29, 2024 16:46

Source: SMM

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On April 16, 2024, the Guangdong-Hong Kong-Macao Greater Bay Area Ferrous Metal Industry Chain Forum took place in Lecong, Guangdong, drawing nearly 300 steel industry representatives from the region. Tiejun Luo, Vice President of the China Iron and Steel Industry Association, attended and addressed the forum, outlining the current state of the steel industry and the Association's recent initiatives in five key areas.

1. Control Production Pace: Emphasize profitability as the cornerstone of high-quality development.

2. Adjust Product Mix: Respond to market demands by adjusting product structures.

3. Encourage High-End Exports: Promote the export of high-quality Chinese steel to global markets.

4. Boost Iron Resource Output: Enhance the development of iron resources to support the steel industry robustly.

5. Research Futures Market: Focus on futures market research to leverage capital market support for steel enterprises.

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