Manufacturing News

New measures to regulate steel industry

The new policies include new rules concerning minimum requirements for companies wishing to enter the steel sector.

The government has drafted new measures to help better regulate the country's steel industry. The new policies are expected to take effect by the end of this year. They include new rules concerning minimum requirements for companies wishing to enter the steel sector. For the first time, the steel sector will be included in the category of "high energy consuming industries". The new policies will offer support for the production of special kinds of steel and some enterprises will be selected for special support.

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