Chinese steelmakers are facing more headwinds this year as economic growth slows and need government support to tackle long-term overcapacity, the chairman of Anshan Iron & Steel Group said. China's steel sector has been struggling with ...
Tags: Steel, Metallurgy, Mineral
China will close down 15 million mt/year outdated steel production capacity and 15 million mt/year outdated iron-making capacity before the end of 2015 in addition to capacities already specified for closure during the 12th Five Year Plan ...
Tags: Outdated Steel, steel production
China has raised its target to close outdated steel smelting capacity to 28.7 million tons in 2014, the industry ministry said on Thursday, as it tries to rein in inefficient and polluting industries. The figure is above the 27 million ...
Tags: Steel Capacity, Iron Steel
The Environmental Protection Agency of the Chinese city of Tianjin has announced that it plans to eliminate 1.4 million mt and 2.29 million mt respectively of outdated steel and cement production capacities in the city before the end of the ...
Tags: Steel Output Capacity, Mineral