China Iron and Steel Industry Association Initiative: Vigilance against Low-price Sale to Disrupt Market Order and Prevent Market Volatility

The China Iron and Steel Industry Association has issued an initiative: Maintain composure, uphold market stability. Recently, there has been significant volatility in the steel market, with instances of chasing highs and hitting lows, amplifying fluctuations and hindering the smooth operation of the steel market. Iron and steel enterprises should view market fluctuations rationally, maintain strategic composure, oppose dumping at low prices, resist malicious competition, jointly create a fair and stable market environment; enhance risk awareness, control sales channels effectively, guard against low-price dumping to disrupt market order, avoid market stampedes, and prevent market volatility.