6 key points about China's upcoming steel masterplan

By IM Staff
Published: Tuesday, 05 January 2021

China, which is finalizing a new masterplan that will form the core of its policies for the ferrous sector in its 14th Five-Year Plan, is seeking input from steel market participants, its Ministry of Industry & Information Technology (MIIT) said on December 31.

By Jessica Zong, Paul Lim, Miranda Song

The country will adhere to a new development concept, which will put emphasis on green and low-carbon ferrous development that will support its "dual circulation economy" model, as well as implement reforms that promote quality-driven steelmaking, the MIIT said.

The draft masterplan specifies that...

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