Tag: China production cuts
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China’s Hebei Province Issues New Plans to Cut Excess Capacity from 2018 – 2020
According to reports, China’s key steel producing region Hebei has recently released its new capacity cut plans for three years starting from 2018 to 2020. The province plans to cut steel capacity of 10 MnT in 2018, another 10 MnT in 2019, and 20 MnT in 2020 in order to keep the region’s steel capacity…