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​Supply side structural reform: The government will continue to implement supply side structural reform, promote the steel industry to reduce production capacity, inventory, leverage, reduce costs, and make up for shortcomings, optimize industrial structure, improve industry concentration, and enhance industrial competitiveness.

Most steel is made through pressure processing and can be divided into two types based on the processing temperature: cold processing and hot processing.

Different types of steel have different properties and uses. For example : Carbon structural steel: used in buildings, bridges, ships, vehicles, and other structures, it must have a certain strength, and if necessary, impact performance and welding performance are required.