China needs government push for steel industry restructuring

摘要

The Chinese government needs to push for a restructuring of the country's steel industry as market forces alone will not be enough, ZhangXiaogang, president of Anshan Steel, said. "China faces overcapacity and redundancies. Nowthatthe market is downbeat, it's time for China to put restructuring on the table," Zhang, who is also World Steel Assn chairman, added.