The China Iron and Steel Association (CISA) has signaled that China will step up efforts to regulate competition in its steel sector by tightening output controls and accelerating structural reforms, according to Chinese media reports. The announcement was made during the 2026 Steel High-Quality Development Conference in Beijing. Focus on eliminating inefficient capacity CISA Vice President Xia Nong emphasized the need to strictly prohibit new capacity additions while facilitating capacity exits and phasing out outdated, inefficient and high-emission facilities. He also called for a science-based long-term governance mechanism to strengthen industry discipline and guide sustainable development. The strategy aligns with…