Tag: Capacity cuts
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China’s Hebei Encouraging Steel Mills to Relocate Abroad amid Restructuring in Domestic Market
The government of North China’s Hebei province is encouraging the construction of steel-related industrial parks abroad which is in line with country’s Road and Belt initiative (BRI) and government’s efforts of industry restructuring as an attempt to have clearer skies. China’s One Belt One Road which is the country’s initiative to connect Asia, Africa, and…