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27 Jul
08:35

China to update steel capacity replacement measures

The Ministry of Industry and Information Technology of China is seeking comments on new implementation guidlines for steel capacity replacement projects, according to a notice released by the Jiangsu Iron & Steel Industry Association on 24 July. Compared with the previosu provisions announced in January 2018, the new guidelines would increase the range of key areas with stricter restricitons. The replacement ratio shall not be less than 1.5:1 in key …
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