Category: Crude Steel
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China tightens steel capacity swap rules amid industry structural adjustment
China tightens steel capacity swaps with stricter replacement ratios Low-carbon steel projects receive targeted incentives and oversight Mysteel Global: China’s Ministry of Industry and Information Technology (MIIT) issued a revised version of its steel capacity swap guidelines on 18 May, introducing stricter replacement requirements, more targeted policy incentives, and stronger oversight mechanisms. The revision comes…