05
Jul
08:27
Hebei government announces capacity elimination target for 2018
Hebei Province held a meeting on capacity reduction targets for 2018 on 4 July. It expects to remove more than 10 million tonnes/year of steel capacity in 2018, and the province's steel capacity is expected to be controlled within 200m t/y by 2020, local government informs.
The steel plants which have been abandoned for the long term are targeted to be totally cleared this year, and the number of registered steel plants will be reduced to 82. The number…
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Anonymous
Very good overview of the weekly steel market.
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