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08 Jan
06:35

Hebei to cut 6-8mt steel capacity in 2018

Hebei province has set 6 million-8 million tonnes/year of combined iron and steel capacity and 5m t/y of coke capacity elimination targets for 2018, according to the provincial Environmental Protection Administration. Over 2018-2020 it still needs to cut around 20m t/y of steel capacity, Kallanish notes. Official data from the National Bureau of Statistics shows Hebei produced 177.82mt of crude steel over January to November 2017, up by 0.013% year-on-…
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