The China Iron and Steel Association (CISA) said on Saturday that industry players must ensure supply while keeping prices stable "in a complex, volatile, unstable and uncertain market situation".
In a post on the association's official WeChat page, Chairman He Wenbo said that much attention should be paid to the recovery of global steel production, adjusting production and improving industry management.
He said government specifications for production scale "are not a long-term solution."
"Market forces, the rule of law and internationalization are still fundamental principles that we must always adhere to." he added.
China's daily crude steel production in September fell to its lowest level since December 2018 as the power crisis in much of the country and environmental restrictions slowed industrial activity, according to Reuters calculations based on official data. Prices were also quite variable.
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