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 steel inventory control should be in line with the 2021 inventory level. He said that the industry situation is improving in 2021. As long as companies can control their inventory at the level of that year, he believes the entire industry will usher in a good trend.

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 steel inventory control should be in line with the 2021 inventory level. He said that the industry situation is improving in 2021. As long as companies can control their inventory at the level of that year, he believes the entire industry will usher in a good trend.