CISA: high output, stocks dampening China's steel price

China's steel industry should avoid the new capacity from being constructed and speed up its de-stocking paces, fending off the potential risks on steel prices from high steel output and inventories for the rest of 2018, Liu Zhenjiang, Secretary General of the China Iron and Steel Association (CISA), reiterated in a recent speech.

China’s steel industry should avoid the new capacity from being constructed and speed up its de-stocking paces, fending off the potential risks on steel prices from high steel output and inventories for the rest of 2018, Liu Zhenjiang, Secretary General of the China Iron and Steel Association (CISA), reiterated