25
Aug
07:42
Hebei juggles steelmaking capacity closure and replacement
China's major steelmaking province of Hebei has published details of six major capacity restructuring projects. These include the creation of three large merged steel groups, the expansion of Shougang Jingtang, the relocation of Shijiazhuang Iron and Steel and new capacity at Yongyang Special Steel. The projects have been planned to result in a slight reduction in capacity, but also so that capacity will move to new low cost, and often coastal, steelworks, …
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Anonymous
Very good overview of the weekly steel market.
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