On December 20, at the 2026 Steel Market Outlook and “My Steel” annual meeting, Jiang Wei, Deputy Party Secretary and Vice Chairman of the China Iron and Steel Association, said that industry self-discipline alone cannot solve fundamental problems. The key to the steel industry during the “15th Five-Year Plan” period was to push back out of backward production capacity. He said that in the absence of relevant policies, the industry situation will inevitably fall short of the “14th Five-Year Plan”. Don't be blindly optimistic; the industry will fluctuate at a low level during the “15th Five-Year Plan” period.

On December 20, at the 2026 Steel Market Outlook and “My Steel” annual meeting, Jiang Wei, Deputy Party Secretary and Vice Chairman of the China Iron and Steel Association, said that industry self-discipline alone cannot solve fundamental problems. The key to the steel industry during the “15th Five-Year Plan” period was to push back out of backward production capacity. He said that in the absence of relevant policies, the industry situation will inevitably fall short of the “14th Five-Year Plan”. Don't be blindly optimistic; the industry will fluctuate at a low level during the “15th Five-Year Plan” period.