05
Feb
03:48
Hebei province halts capacity replacement at three mills
The Hebei Provincial Department of Industry and Information Technology has announced on its official website that it has halted capacity replacement projects for Tangshan Songting Steel, Hebei Xinda Steel and Xinbaotai Steel. It has not specified whether the cessation is temporary or permanent, but the move is a sign that central policies to review replacement projects remains in progress.
This will affect a total of 2.43 million tonnes/year of iron capacity and 1…
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Anonymous
Very good overview of the weekly steel market.
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