MYSTEEL: How tighter supply curbs might affect China's steel industry

In 2026, stricter supply-side policies and rules relating to carbon reduction announced by China's central government will require the country's steel sector to be more conscientious in observing the new regulations.

Although in the short-term, the impact of these on market prices should be limited, new rules governing the "swapping" of old upstream capacity for new, for example, are seen as reducing steel availability in the longer term. Similarly, those aimed at shrinking the industry's carbon footprint will raise production