CISA: Production controls and inventory cuts hold key to market stability

Self-imposed production controls and inventory reduction are key to keeping the steel market operating steadily, the China Iron & Steel Association (CISA) stresses in its latest monthly report.

Domestic steel demand still faces severe downward pressure, the association warned. The latest forecast of the World Steel Association (WSA) released in mid-October showed that China's steel demand may decline by 2% in 2026, a steeper contraction than the projection in April. Declining real estate investment may continue to weigh