Its statement follows a meeting it hosted on Wednesday in
Beijing that sought to discuss the recent steel price surge,
which came after the Hebei provincial government announced
steel production limits for the upcoming heating season from
November to March. The meeting was attended by representatives
of major steelmakers, futures exchanges, futures trading
companies, and local industry information providers, Cisa said.
"At the meeting, attendees reached a consensus that the current
sharp rises in steel prices are not driven by strengthening
demand or reduced supply," Cisa said in a post on its...