17
Aug
05:33
Hebei updates on steel capacity elimination progress
Hebei has eliminated 12.26 million tonnes/year of iron and 10.53m t/y of steel capacity by the end of July. It therefore achieved 75.5% and 67.4% of its annual targets according to a Hebei province government press conference on 16 August. It has also cut 2.088m t/y of coke capacity, accounting for 29% of its annual elimination goal, Kallanish notes.
Official data from the National Bureau of Statistics shows Hebei produced about 112.21mt of iron and 116.88mt of …
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Anonymous
Very good overview of the weekly steel market.
Anonymous