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MIIT hails China’s new steel capacity ‘swap’ guidelines

ABSTRACT

The new guideline governing steel capacity ‘swaps’ in China to take effect next week will help the steel industry to meet new challenges over 2021-2025, said Lv Guixin, an official with China’s Ministry of Industry and Information Technology, and called for its strict implementation.
Lv made the statement in a meeting on May 25 organized by the China Iron & Steel Association (CISA) and attended by around 400 representatives from the National Development and Reform Commission’s Department of Industry, local industrial governing bodies, industrial institutions, and steel mills. The meeting had been called to

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