Mr Wu Xichun Counselor of China Iron & Steel Association in the 2008 working conference of China Metallurgical Industry Planning & Research Institute talked about how to make the big steel industry more powerful.

    Mr Wu said to pay attention to the effects on the steel industry's development lent by uncertainties and instabilities of home and global economy and to coordinated capacity growth of all kinds of steel product varieties.

    He said that the basic national situation, annual demand growth of long steel products for construction would not stand below 6%. The condition that is quite a few steelmakers are cutting longs production capacity and expanding sheet, plate and strip outputs is blind and should arouse concern.