09
Aug
03:55
Authorities catch Inner Mongolian steelworks flaunting capacity restrictions
The Inner Mongolia government says that some Chinese steelmakers have been found to have disobeyed restrictions on resolving steel capacity after an investigation by central government, Kallanish notes.
The investigators found that Ulanhot Iron & Steel is violating policy by having installed a 120-square-metre sintering machine, a 616-cubic-metre blast furnace, a 70-tonne converter and 1 million tonnes/year bar line in 2015. After commissionin…
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Anonymous
Very good overview of the weekly steel market.
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