China Iron and Steel Association: Continue to promote the new mechanism of capacity governance in 2026, focusing on "controlling total capacity, optimizing supply, promoting stability, increasing efficiency, and promoting transformation".

The thirteenth membership meeting of the China Iron and Steel Industry Association was held in Beijing. Zhao Mingge, the president of the Steel Association, pointed out that during the "13th Five-Year Plan" period, the steel industry should steadily advance towards the goal of building a modern steel industry system with global influence, strong industrial independence, and high development contribution by 2030. 2026 is the beginning year of the "13th Five-Year Plan." The steel industry will have confidence, strive for excellence, focus on the industry development goals of "1231," and deeply implement the three major transformation projects of "quality improvement and product innovation," "carbon reduction and efficiency enhancement," and "digital transformation." It will continue to promote new mechanisms for capacity governance, joint reorganization, the "iron resource development plan," and the "steel application expansion plan," focusing on "controlling total quantity, optimizing supply, promoting stability, increasing efficiency, and promoting transformation," in order to lay a good foundation and take the first step towards achieving high-quality development during the "13th Five-Year Plan" in the steel industry.