The Ministry of Industry and Information Technology said that China will ensure that steel production capacity will only decrease or increase

China International Iron and Steel Congress was held in Beijing today. Vice Minister Wang Jiangping of the Ministry of Industry and Information Technology of China stated at the meeting that he stated that China will ensure that steel production capacity will only decrease or increase. It will strictly increase steel production capacity to ensure that steel production capacity will only decrease or increase. . "To ensure that the backward production capacity should be exhausted, we must retreat and retreat, we must not allow falsification, do not allow excess production capacity to resurrect. We must not allow equal replacement, and we must not allow illegal construction of new steel projects."