The “Proposal for the Steel Industry to Fully Implement Self-Regulatory Production Control and Inventory Reduction” was released. Among them, it was mentioned that production control should be strictly implemented. Production regulation is the most effective measure to deal with the current difficulties in the steel industry, and is an important measure to promote the high-quality development of the steel industry. To this end, the entire industry should effectively raise its political standing, strengthen its awareness of the overall situation, start with itself, resolutely implement production control requirements, condemn overproduction, ensure that annual targets are met; and adhere to self-discipline to control production and reduce inventory. Steel companies should take the initiative, thoroughly implement the “three no” operating principle, adhere to efficiency priorities, organize production according to market demand; adhere to self-regulation to control production and reduce inventory, give full play to the dominant role of steel companies in the market, reduce high inventories as soon as possible, and jointly promote the dynamic balance between supply and demand; and give full play to the role of industry price supervisors.

The “Proposal for the Steel Industry to Fully Implement Self-Regulatory Production Control and Inventory Reduction” was released. Among them, it was mentioned that production control should be strictly implemented. Production regulation is the most effective measure to deal with the current difficulties in the steel industry, and is an important measure to promote the high-quality development of the steel industry. To this end, the entire industry should effectively raise its political standing, strengthen its awareness of the overall situation, start with itself, resolutely implement production control requirements, condemn overproduction, ensure that annual targets are met; and adhere to self-discipline to control production and reduce inventory. Steel companies should take the initiative, thoroughly implement the “three no” operating principle, adhere to efficiency priorities, organize production according to market demand; adhere to self-regulation to control production and reduce inventory, give full play to the dominant role of steel companies in the market, reduce high inventories as soon as possible, and jointly promote the dynamic balance between supply and demand; and give full play to the role of industry price supervisors.