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20 Jan
05:26

Tianjin to limit steel capacity in 2020

Tianjin government news reports that the city's crude steel capacity is expected to be limited to under 15 million tonnes/year by the end of 2020, Kallanish notes. According to the mayor of Tianjin, Zhang Guoqing, three steelmakers will be closed in 2020. The steelmakers include Giant Heavy Industry, Tianfeng Steel and Zhasan Steel. The government had planned to close the steelmakers in 2018 and 2019, but had then delayed the move until 2020. Tianjin expe…
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