02
Feb
03:15
Henan publishes data on 2017 steel capacity cuts
The Henan provincial government has recently announced details of steelmaking capacity eliminated from three local mills last year, totalling 1.17 million tonnes/year of iron and 1.6m t/y of steel capacity.
Official data from the National Bureau of Statistics shows Henan produced 29.54 million tonnes of crude steel in 2017, up by 3.67% year-on-year. The removal of unregistered mislabelled steel capacity and wide steel margins have stimulated an increase in offic…
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Anonymous
Very good overview of the weekly steel market.
Anonymous