What Is a Policy Cycle? First, what is a policy? We know that a policy and procedure are two distinct entities. According to the dictionary, policy is a âdefinite course or method of action selected from alternatives and in light of given conditions to guide and determine present and future decisionsâ.
Steel and metal industry. 1  The German steel and metal industry includes the steel, non-ferrous metals, foundry and steel and metal working industries. 2  As a result of its innovative capabilities and high-quality products, the German steel industry has established itself as a leading producer in the European Union.
Chinaâs aggressive support for its steel producers has been a particular source of concern. The steel industry is designated as a pillar industry in China, and it has also been identified as one of the industries in which China intends to have the state continue to play a leading role.