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INGENUITY CREATES A LEGEND AND JOINS HANDS IN A WIN-WIN FUTURE
There is pressure to keep the steel industry under control storm is about to hit
Time:
2021-09-22
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Due to environmental pressure, an even more fierce steel industry regulation and control storm is about to hit: use market-oriented means to control the chaos of the industry with "holding pressure".
The so-called "holding and pressure" means that the Ministry of Industry and Information Technology will work with relevant departments to take different measures around the published "Regulations for Production and Operation of the Iron and Steel Industry" (hereinafter referred to as "Regulations"). Economic and legal means such as controlling credit, investigating by regulatory agencies, and assessing accountability, gradually compress their living space, and eventually force them to withdraw from the market; and for companies that meet the regulatory requirements, support them to carry out mergers and reorganizations, eliminate outdated production capacity, technological transformation, and Structural adjustments such as energy conservation and emission reduction, and certain policy incentives and credit support will be given.
Especially in the new situation, the country attaches great importance to environmental protection. This means that the heavily polluting steel industry will be a more important target in the next few years. Zhang Lin, a researcher at the Lange Steel Information Research Center, analyzed to the reporter of China Sankei Shimbun.
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