Chinese steel group says it must secure supply and control prices in volatile market


Source: uktimenews.com uktimenews.com

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SHANGHAI: The China Iron and Steel Association (CISA) said on Saturday that industry players must secure supply, while keeping prices stable in what is a “complex, volatile, volatile and uncertain market situation.” . In the message posted on the association’s official WeChat page, Chairman He Wenbo said that there is a need to pay close attention to the recovery of global steel production, adjust production and improve governance of the industry. Government specifications on the production scale are “not a long-term solution,” He said. “Market forces, the rule of law and internationalization remain the basic principles to which we must...