Steel official calls for intelligent platform

An official has called for upgrading in China's iron and steel industry, to take the opportunity of the government's Made in China 2025 initiative.

"An intelligent steel industry platform supported by big data can not only help to eliminate overcapacity but also optimize the industrial structure and increase industry profits," said Gan Yong, president of the Central Iron & Steel Research Institute and chairman of the Chinese Society for Metals.

The platform is a commercial ecology system jointly built and operated by several companies, which share resources and profits, he said.