The Zhitong Finance App learned that on September 15, the China Steel Association released the “Proposal for the Steel Industry to Fully Implement Self-Regulatory Production Control and Inventory Reduction”, which mentions that steel companies should take the initiative, thoroughly implement the “three decisions, three no” business principle, prioritize efficiency, organize production according to market demand; insist on self-regulation to control production and reduce inventory, give full play to the dominant role of steel companies in the market, reduce inventory as soon as possible, and jointly promote the dynamic balance between supply and demand. Steel companies should resolutely resist the act of competing for market share at lower cost and consciously regulate market behavior; leading companies should play a leading role, and small and medium-sized enterprises should do a good job of collaborating and linking to jointly maintain market stability and push the steel industry to achieve a good start in the “15th Five-Year Plan”.

The Zhitong Finance App learned that on September 15, the China Steel Association released the “Proposal for the Steel Industry to Fully Implement Self-Regulatory Production Control and Inventory Reduction”, which mentions that steel companies should take the initiative, thoroughly implement the “three decisions, three no” business principle, prioritize efficiency, organize production according to market demand; insist on self-regulation to control production and reduce inventory, give full play to the dominant role of steel companies in the market, reduce inventory as soon as possible, and jointly promote the dynamic balance between supply and demand. Steel companies should resolutely resist the act of competing for market share at lower cost and consciously regulate market behavior; leading companies should play a leading role, and small and medium-sized enterprises should do a good job of collaborating and linking to jointly maintain market stability and push the steel industry to achieve a good start in the “15th Five-Year Plan”.