According to the official Weibo news of the China Iron and Steel Industry Association, on April 26, CISA held an information conference for the first quarter of 2023 in Beijing to introduce the work of the steel industry.
At the meeting, CISA said that China will actively promote the joint reorganization and increase in industrial concentration, which is one of the industry's key challenges in the near future.
The joint reorganization of iron and steel enterprises not only helps to optimize industrial layout, reduce peer competition and improve the bargaining power of mining and processing companies, but also promotes the integration of the technology research and development system.
It is necessary to promote the formation of a single national market for ferrous metallurgy, the destruction of regional monopoly, and the elimination of institutional barriers that impede reorganization.
China takes steps to boost steel industry consolidation
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Azovpromstal® 2 May 2023 г. 11:57 |
