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27 Apr
07:54

CISA confirms extent of mislabelled steel capacity removal

Tthe China Iron & Steel Association (CISA) has quantified the amount of unofficial induction furnace capacity closed so far in the country. China has so far shut down 119 million tonnes/year of mislabelled steel capacity, the association says.  Apart from local government Economy and Information Commissions' monitoring plans, the Chinese central government’s steel capacity elimination team is also sending inspection …
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