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03 Jul
16:15

Rizhao Steel takes over Qilin Fushan Steel

Shandong Rizhao Steel Group has become a 51% controlling shareholder of Zibo Qilin Fushan Steel, Kallanish notes. Shandong Jinan, Zibo, Jining, Dezhou, Liaocheng, Binzhou and Heze are located in the "air pollution transmission channel" around Beijing, Tianjin and Hebei. All steel production capacity in these cities needs to be shut down before the end of this year. Steelmakers in these regions have a combined steelmaking capacity of 18.86 milli…
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