Ministerial meeting on steel industry planning: suggest studying the establishment of a new mechanism for capacity governance.

According to Zhidao Finance, on July 15th, the China Iron and Steel Industry Association organized a meeting of steel industry planning ministers in Chengdu to discuss the research report on the "15th Five-Year Plan for the Development of the Steel Industry" and provide suggestions for further planning and compilation work. This includes adhering to strict control of incremental capacity and smooth exit, following the work policy of "strict control of incremental capacity, optimization of existing capacity, mergers and reorganizations, and smooth exit," studying the establishment of a new mechanism for capacity governance, preventing the continuous worsening of the risk of overcapacity in the steel industry, focusing on eliminating "internal competition," and maintaining a healthy and orderly environment for the survival and development of the steel industry, etc.