Capacity transfer promotes green and high-end development of the steel industry, strengthens confidence, stabilizes the economy and promotes development

Capacity transfer plays a crucial role in transforming the steel industry toward greener and more sustainable practices. By relocating or upgrading production processes, companies can reduce emissions, improve energy efficiency, and adopt more advanced technologies. This not only benefits the environment but also enhances the industry’s competitiveness.

Furthermore, such initiatives can boost investor confidence, stabilize the economy by creating jobs and fostering innovation, and contribute to overall economic development. It’s a win-win situation for both the industry and society.