Tag: China Induction Furnace
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China Relocating ‘Obsolete’ Induction Furnaces to ASEAN Countries – SEAISI
Chinese obsolete induction furnaces are being re-located to developing countries in ASEAN region is poising a great concern for domestic industry, says SEAISI (South East Asian Institute of Steel and Iron) in one of its latest report. In Mar’17, as a part of supply-side structural reforms for country’s steel sector, China’s central government had set the…