Tag: 2019
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How much Capacity Cut may happen in Chinese Steel Sector in 2019?
According to the latest updates, China may set a target of eliminating 20 MnT of crude steel capacity this year, thus continuing its efforts to reduce capacity after pre-achieving its 2016-20 target last year. “There are still some provinces that have not accomplished their individual 13th five-year plan targets which would come to around 20…