30
Mar
11:08
Henan cuts 1m t/y of steelmaking this year
Central China’s Henan has become the latest province to announce a disappointing capacity reduction target, Kallanish notes. It says it will cut 1.04 million tonnes/year of steelmaking by the end of the year.
That reduction pales into comparison with the expansion plans of the province’s main steelmaker, Anyang Iron and Steel. It has received approval to add a new 4,747 cubic metre blast furnace with an annual hot metal capacity of 3.8 million t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous