CISA advocates Chinese mills to adjust export strategies

China Iron and Steel Association has asked its member steel mills to be more disciplined when engaging in steel export business, pressing them to control their export volumes and adjust their export structure, pointing out that the domestic steel industry has entered a new stage of development.

In an advisory letter distributed to members on Thursday, CISA said that China’s steel industry is being pressured by the dual requirements of conserving resources and protecting the environment. Consequently, as it enters a new phase in its evolution, the industry needsbe “domesticdemand-driven, resources-saving and environmentally-friendly.” Steel mills and trading