03
Apr
09:32
Tianjin hikes rewards for mislabelled steel reporting
China’s Tianjin city is increasing the reward it offers for reporting on mislabelled steelmakers from CNY 10,000 to CNY 500,000 ($79,637), according to the Tianjin Daily. It has also established 24-hour reporting hot lines to ensure plants operating at night can be informed on immediately, Kallanish notes.
Tianjin removed more than 28 induction furnaces in 2017. The province-level city was still publically disgraced several times by central gover…
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Anonymous
Very good overview of the weekly steel market.
Anonymous