15
May
08:16
China's NDRC details 2017 steel capacity elimination plan
China has increased the enforcement and monitoring of the capacity elimination campaign through both techonology anhd political pressure. Recently the National Development & Reform Commission published more details on capacity closure work and reaffirmed its priorities for the first half of 2017, Kallanish notes.
According to the plan, companies targeted for closure will now be monitored by central government satellite remote-sensing systems, and produc…
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Anonymous
Very good overview of the weekly steel market.
Anonymous