【SMM Hotspot: Steel Industry Popular Science News】

The steel industry is a typical industry with economies of scale and is one of the major industrial sectors globally for carbon emissions. China, as the world's largest steel producer, is facing the urgent need to achieve "carbon peak", "carbon neutrality", or unavoidable. Since the supply-side structural reform, the country has vigorously eliminated outdated steel production capacity and strictly prohibited new capacity, leading to the current scarcity of steel production capacity and increasing costs to obtain capacity. The industry has seen a significant increase in entry barriers...