CAPACITY WATCH: Hebei to cut 4 mln tpy of crude steel capacity

Hebei, China’s largest steelmaking province, will embark on a capacity replacement program this year that would see the removal of 2.5 million tonnes per year of crude steel capacity and 4.44 million tpy of that for the production of iron.

The move will involve the installation of converters with crude steel capacity amounting to 13.85 million tpy, and the shutting...

Published

Jessica Zong

September 03, 2019

07:40 GMT

Shanghai