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09 Dec
10:43

Hebei reduces over 120mt steel capacity from peak

A report on the "14th Five-Year" industrial upgrading plan issued by the Hebei provincial government requires the local steel industry to continue to upgrade equipment and increase industry concentration. Hebei reduced 82.12 million tonnes/year of crude steel capacity, 55.9m t/y of coal capacity, and 31.44mt of coke capacity during 2015-2020, Kallanish learns from official data. Crude steel capacity now reaches over 190m t/y, down around 130m t/y from th…
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