18
Dec
05:58
China encourages steel relocation and EAFs
China is encouraging more steelmaking capacity to relocate to the southwest, southeast and northwest of the country, and explicitly points out that it favours replacement of BOFs with electric arc furnaces, according to the Economy & Information Commission (EIC). The increasingly centralised state is making some headway in reforming basic industries, although many challenges remain, Kallanish notes.
EIC official Luo Tiejun revealed more details of …
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Anonymous
Very good overview of the weekly steel market.
Anonymous