06
Jul
05:59
Hebei province restricts new steel capacity investment
Hebei province is pushing new investment restrictions on industries with overcapacity including steel, shipbuilding, cement and electrolytic aluminium. The main goal is to ensure that local governments within the province approve no new projects in these sectors.
Apart from the above industries, automobile manufacturing investment is also increasingly being restricted based on newly launched guidance from central government (see Kallanish 14 June).
Last week …
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous