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Shutdown of substandard steel mills likely to reduce steel output by 4%-7%
After China successfully overperformed the overcapacity shedding task in 2016, Beijing strengthens its resolve this year to press ahead with the supply-side structural reform. More measures for overcapacity reduction like price differential for electricity are anticipated to be carried out soon, creating a favourable condition for the development of steel market in the long term.
CISA vows to root out substandard steel by mid-2017
CISA (China Iron and Steel Association) pledged to weed out low quality steel by June 30, 2017. "The elimination of substandard steel products is now a political mission. 12 inspection teams have already been dispatched to key destinations." Lin Nianxiu, Vice-minister of the National Development and Reform Commission (NDRC) said in CISA Board Meeting on January 10, 2017.
China Commodities Forum & 2017 Mysteel Annual Meeting - Wang Depei: Chinese Economy under the New Normal
Professor Wang Depei, Vice President of the China Society of Economic Reform and Chief Economist of Forecast Thinktank, delivered a speech on Chinese Economy under the New Normal, saying that China's economic growth is likely to be kept at a rather stable level.
China Commodities Forum & 2017 Mysteel Annual Meeting - Zhang Bin: The Short Cycle of Macro-economy and RMB Exchange Rate
In China's Commodities Forum & 2017 Mysteel Annual Meeting, Zhang Bin, senior analyst of China Finance 40 Forum (CF 40) and director of Research Department of Global Macro-economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, shared with the attendees his ideas on China's macro-economy cycle and Chinese yuan's exchange rate.
China Commodities Forum & 2017 Mysteel Annual Meeting -- Wang Jianhua: 2017 Iron & Steel Outlook: A New Cycle for Value Return
The theme for next year is seeking improvement in stability. And the essence for value return in iron and steel market is a higher floor price, a higher average price and a higher peak price
China Commodities Forum & 2017 Mysteel Annual Meeting -- Zhao Wuzhuang: Current situation & 2017 outlook of China nonferrous metal industry
current situation & 2017 outlook of China nonferrous metal industry in China Commodities Forum & 2017 Mysteel Annual Meeting, recently held during Dec ember18, 2016, Shanghai, China.
China Commodities Forum & 2017 Mysteel Annual Meeting -- Gu Jianguo: Cheer for loss-into-gains or tear for meager profit margins
Gu Jianguo, Deputy Director of the China Iron & Steel Association (CISA) on China Commodities Forum & 2017 Mysteel Annual Meeting on December 18, delivered his speed on review of 2016 China steel industry and outlook in 2017.
China Commodities Forum & 2017 Mysteel Annual Meeting -- Ren Zhuqian: Mysteel Research Institute Analysis on 2017 China Steel Industry
China Commodities Forum & 2017 Mysteel Annual Meeting was held during Dec 16-18, 2016 in Shanghai, China. Ms. Ren Zhuqian, Senior Analyst & Assistant to President, on behalf of Mysteel Research Institute (MRI) delivered independent report on China steel industry in 2017, which divided into four parts as follows:

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