Recently, steel prices have continued to rise. In order to maintain the steel price order, protect the normal production and operation activities of enterprises, prevent the risk of price violations, and promote the sustainable and healthy development of the steel industry, in accordance with the requirements of the interviews of the State Administration of Market Supervision and the National Development and Reform Commission.

On May 14, Shanghai Municipal Administration for Market Regulation, Shanghai Development and Reform Commission, and Shanghai Economic and Information Technology Commission jointly interviewed Shanghai iron and steel enterprises.

The meeting pointed out that the city’s steel companies should actively perform their social responsibilities, effectively strengthen price management, set prices reasonably, and cooperate with the government to do a good job in stabilizing the steel market, and play an active role in optimizing the business environment and ensuring high-quality economic and social development.

The participating companies stated that they will strictly abide by price laws and regulations and through comprehensive measures such as improving management and strengthening technological innovation, provide downstream companies with high-quality and reasonable-priced steel products to better serve economic and social development.

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