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11 Dec
07:17

China to launch new steel capacity replacement criteria

China is creating an updated version of steel capacity replacement criteria, according to the Economy & Information Commission (EIC). Xu Wenli from the Raw Materials department of the EIC has listed the reasons for the update. These include a lack of clarity in setting removal targets, and in carbon steel and special steel capacity transfers. The EIC is also concerned about how the reduced capacity replacement policies are being conducted, Kallanish not…
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