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China's high-end special steel capacity blindly expanded, standard revision in urgent needs

Author : Date : 2013-11-8 15:44:06
 Steel mills' rush for high-end special steel production was aroused by the nations' call as what was stated in the 12th five-year plan for the country's steel industry that China encourages competitive steel producers to take the path of high-end special steel development in the following five years. Upon steel mills' passion for special steel production, Yu Yapeng, General Director of China Special Steel Association and Chairman of CITIC Pacific Special Steel, warned that it was risky to expand high-end special steel capacity all at once