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11 Jan
08:06

Zhejiang steelmakers launch capacity replacement schemes

China’s southeastern Ningbo Iron & Steel and Ningbo Haoyang New Materials have recently released their reduced steel capacity replacement plans, according to the Zhejiang provincial government website. Both steel capacity replacement projects are settled through quota trading and have been approved by local government (see tables below), Kallanish notes. Ningbo Iron & Steek circular economy industry development project Company …
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