06
May
03:45
Xinggang relocation sees delays on capacity replacement issues
Xingtai Iron & Steel (Xinggang) in Hebei province has decided to relocate to Wei county after the Hengshui local government rejected its original plan. However, the project continues to be delayed due to the new policy on steel capacity replacement from the National Development and Reform Commission, Kallanish notes.
China's national government has not been approving new capacity replacement plans since 24 January 2020. One reason for this is tha…
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Anonymous
Very good overview of the weekly steel market.
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