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06 Mar
00:00

Linyi closes blast furnaces as pollution controls tighten

Most steelmaking in the eastern Chinese city of Linyi has closed following environmental inspections. As the first concrete impact of China’s new environmental regime, the news helped push iron ore prices to new lows last week but the biggest impact may mostly be limited to the seamless pipe sector, Kallanish notes. China’s Ministry of environmental Protection (MEP) has asked the mayors of Linyi city in Shandong and Chengde in Hebei to strictly eā€¦
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