2025-09-01
CITIC Securities: Steel industry production cuts expected to accelerate and intensify in September
CITIC Securities research report states that China's steel industry has strong global competitiveness but weak profitability, and is expected to become a key industry targeted in this round of "anti-involution" efforts. Recently, the Ministry of Industry and Information Technology issued a work plan to stabilize growth in the steel industry, reiterating the "continued implementation of production reduction policies." It is expected that steel production restrictions will accelerate and intensify in September. As the production limits are enforced more deeply, the industry is about to enter a performance cycle focused on profitability.
2025-09-01
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