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CISA proposes that output curbs on steel mills be varied

ABSTRACT

In response to Beijing’s plan to cap crude steel production this year at last year’s level, the China Iron and Steel Association (CISA) is recommending that production cuts should not be imposed on all steelmakers indiscriminately, but instead should be targeted at steelmakers operating less eco-friendly facilities or those deemed to be ‘illegal’, according to an April 11 release from the association.
“In recent years, China’s steel production has been driven by demand (and) constantly increasing,” CISA said in the post. However it warned that it is hard to imagine that “the (robust) steel consumption last year and seen currently will last for long. The central government’s target announced at the start

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