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Beijing talks to ferrous, nonferrous firms on price surges


China’s five top governing bodies including the National Development and Reform Commission (NDRC), the country’s top economic planner, held a meeting on the morning of May 23 with the major domestic enterprises in the sectors such as iron ore, steel, copper and aluminum industries on bulk commodities price surges so far in 2021, according to a NDRC posting on May 24.
Other than NDRC, the Ministry of Industry and Information Technology, the State Administration of Market Regulation, the State-owned Assets Supervision and Administration Commission of the State Council, and the China Securities Regulatory Commission, all of which are the governing bodies of the nonferrous and ferrous enterprises, the national commodities prices, the state-owned enterprises, and the


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