• Steel capacity targets: The steel industry needs to expand from 160 million tonnes today to 300 million tonnes by 2030, and reach 500 million tonnes by 2050 to support the economy's 20-year growth plans.
• Capital and equipment: Meeting the massive projected demand will require significant investments, new equipment, and extensive sector development.
• Accelerated growth pace: After sustaining significant growth over the past decade, the industry must now embark on a new phase that moves twice as fast.