The Ministry of Industry and other departments issued the Iron and Steel Industry Steady Growth Work Plan. From 2023 to 2024, the main goals for the steady growth of the steel industry are as follows. In 2023, the supply and demand of the steel industry will maintain a dynamic balance, the investment in fixed assets of the whole industry will maintain steady growth, the economic efficiency will be significantly improved, and the industrial added value will increase by about 3.5%. In 2024, the industry development environment and industrial structure will be further optimized, and high-end, intelligent, green levels of enterprises will be deepened. The increase of industrial added value will reach more than 4%.

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