16
May
04:54
Hebei's Chengde city publishes steel capacity cut details
Hebei province’s Chengde city has published details of the 1.04 million tonnes/year of iron and 1.9m t/y of steel capacity it plans to eliminate in 2017, according to its official government website. Targeted steel capacity is mainly from Hebei Iron & Steel’s (Hegang) Chengde subsidiary and from Shengfeng Company. The equipment should be removed before the end of September.
Over 2016-2020 Chengde needs to cut 4.62m t/y of iron and 5.63m t/y …
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Anonymous
Very good overview of the weekly steel market.
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