16
Jun
10:20
Hebei's official steel production capacity cut to 200mt
The Hebei Provincial Party Committee stated at a press conference on Wednesday that the province's crude steel production capacity had been reduced to 200 million tonnes/year by June. This is the target that had been set by the provincial government for end-2020, Kallanish notes.
The number of steel companies in Hebei has dropped from 107 to 68. As a result, steel production capacity has been reduced by 120m t/y from a peak of 320m t/y. Last year, Hebei produc…
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Anonymous
Very good overview of the weekly steel market.
Anonymous