Steelmakers in northern China scaling back operations for Winter Olympics

Steel mills in China’s top steelmaking hub of Tangshan, Hebei province as well as regions surrounding the country’s capital city of Beijing will scale back their operations for about a month to improve air quality ahead of the Winter Olympics in February, sources told Fastmarkets.

“We will cut our blast furnace (BF) operating rates by 30-50% from tomorrow until the end of February, while other mills located in regions around Beijing will halve theirs,” a...


Zihuan Pan

January 28, 2022

08:51 GMT