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25 Nov
00:00

China releases new capacity removal targets

China’s Ministry of Industry and Information Technology (MIIT) has released its third list of iron and steelmaking capacities to be removed by the end of the year. Beijing’s focus remains on Hebei, with all proposed closures located in the province, Kallanish notes. The 6.4 million tonnes/year of iron making and 9.75m t/y of steelmaking capacity on the new list bring the total across the three lists released this year to 31.9m t/y of iron making …
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