China vows to keep cutting crude steel output this year after logging first drop in six years in 2021
China vows to keep cutting crude steel output this year after logging first drop in six years in 2021

China vows to keep cutting crude steel output this year after logging first drop in six years in 2021

 

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China's state planner pledged to keep cutting crude steel output this year after reducing about 30 million tonnes of production in 2021.

The Chinese government will continue implementing the policy to cut crude steel output, guide mills to abandon the old development mode that focuses on quantity instead of quality and promote high-quality development of the industry, said Meng Wei, spokesperson of the National Development and Reform Commission (NDRC), China's top economic . . .

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