en.Wedoany.com Reported - On June 11, 2026, the China Iron and Steel Association (CISA) organized a steel industry capacity replacement policy promotion meeting in Kunming City, Yunnan Province, to systematically interpret and discuss the new version of the "Steel Industry Capacity Replacement Implementation Measures" (Ministry of Industry and Information Technology Original [2026] No. 97, referred to as the "New Measures") issued by the Ministry of Industry and Information Technology. The meeting explicitly required the entire industry to strictly implement capacity replacement policies, resolutely prohibit new capacity, and consolidate the achievements of supply-side structural reform.
Hosted by the China Iron and Steel Association, the promotion meeting was attended by over 400 representatives from the Ministry of Industry and Information Technology's Raw Materials Department, relevant local industrial authorities, industry associations, steel enterprises, and research consulting institutions. In his address, CISA Vice President Xia Nong stated that the newly released "New Measures" are revisions and improvements based on the 2018 and 2021 versions, reflecting both the timeliness and innovation of the policy while maintaining continuity and stability. Drawing on recent research, Xia Nong highlighted two key issues raised by enterprises: first, excessive capacity supply and inadequate exit channels; second, insufficient downstream effective demand and prominent supply-demand contradictions. He suggested addressing both supply and demand sides—on the supply side, focusing on strictly controlling increments, optimizing stock, promoting mergers and reorganizations, and smoothing exit channels; on the demand side, focusing on promoting the coordinated development of the steel structure construction industry to expand the application space for steel materials.
In his speech, Wen Gang, Director of the Steel Division of the Ministry of Industry and Information Technology's Raw Materials Department, stated that the steel industry must accurately grasp new development trends and challenges, fully implement the strategic deployment of the national "15th Five-Year Plan," and promote industrial quality improvement, efficiency enhancement, and iterative upgrades. Wen Gang also interpreted the scope of application, replacement rules, regional controls, processing procedures, policy alignment, and regulatory requirements of the "New Measures" article by article, using practical cases. Wang Bin, Director of the CISA Planning and Development Department, chaired the meeting, while Li Yan, Deputy Director of the Yunnan Provincial Department of Industry and Information Technology, introduced Yunnan's practices in leveraging capacity replacement policies to drive equipment upgrades and structural optimization.
During the special report session, Li Quangong, Senior Analyst at the CISA Planning and Development Department, introduced the development direction of the steel industry during the "15th Five-Year Plan" period; Chen Shanshan, Director of the Raw Materials Industry Division of the Jiangsu Provincial Department of Industry and Information Technology, shared Jiangsu's experience in high-quality development of the steel industry; and Cai Shengjia, Assistant Director of the Low-Carbon Center at the Metallurgical Industry Planning and Research Institute, interpreted national carbon market policies and corporate response recommendations. The convening of this promotion meeting helps unify understanding across the industry and strictly implement capacity replacement policies, providing policy support for the high-quality development of the steel industry.
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