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Tag: Capacity cut

  • China Completes 80% of Steel De-capacity in 2018: NDRC

    China Completes 80% of Steel De-capacity in 2018: NDRC

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    by

    Aditi Tiwari
    in

    In a recently held conference by China’s NDRC (National Development and Reform Commission) to discuss the performance of country’s supply-side reforms, the commission pointed out that in first seven months of 2018 (Jan to Jul) China has successfully cut its steel capacity by 24.7 MnT which is 80% of its annual capacity cut target of…