14
Mar
00:00
Hanggang moves relocation forward
Eastern China’s Hangzhou Iron and Steel (Hanggang) is expected to close its current steelworks as part of a relocation project a year earlier than planned. This is because of attempts to clear up pollution in Hangzhou ahead of an international gathering in 2016, local media report. Hangzhou’s successful bid to host a G20 summit in 2016 is giving extra impetus to plans by Zhejiang province to reduce overcapacity, which include closing some 3 million tonn…
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Anonymous
Very good overview of the weekly steel market.
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