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18 Dec
05:01

Henan steel mills release capacity replacement plan

Henan provincial Industry & Information Technology Commission has recently published details of capacity replacement schemes and capacity quota trades by three steel companies (see tables below), Kallanish notes. Henan Yaxin Iron & Steel is selling the quota from its 1 million tonnes/year of steel and 1.4m t/y of iron capacity after it shuts down one 60-tonne converter and two 630 cubic metre blast furnaces. Yaxin Group is a…
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