Li Xinchuang: China’s steel industry will steadily shrink

Under China’s policy to encourage the development of high-quality steel, China’s steel production will steadily decline after reaching its current peak levels. So said Li Xinchuang, Vice President of the China Iron and Steel Association (CISA), at the Kallanish Asia Steel Markets virtual conference on Wednesday. Total output will remain at a relatively high level for many years, however, he added.

Read more at Li Xinchuang: China’s steel industry will steadily shrink.

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