Author: Manya Dewangan
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China: New steel capacity rules tighten oversight on stainless steel expansion
Stainless steel brought under unified capacity swap framework Tighter rules may slow output growth, support prices MySteel: China has formally brought the stainless steel sector under its nationwide steel capacity replacement framework for the first time, tightening oversight on future expansion and accelerating structural reforms across the industry. The revised rules, issued by the Ministry…