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09 Apr
08:41

Yunnan reports higher removed mislabeled capacity

Southwestern China’s Yunnan province eliminated 6 million tonnes/year of mislabelled steel capacity last year, higher than its 5.516m t/y target. It also cut 1.515m t/y of iron and 550,000 t/y of steel capacity last year, according to Yunnan Daily. This helped the province's steel sector business revenue increase 37% to CNY 110.77 billion ($17.53 million), Kallanish notes. Data from the National Bureau of Statistics shows over Ja…
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