Tag: Coastal area
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How Chinese Steel Mills’ Relocation to Coastal Area will benefit its Domestic Steel Sector?
After years of weeding out “zombie” mills and permanently shutting idled plants, provincial authorities in China have ordered steel mills, including some owned by HBIS Group, the world’s fourth-largest steelmaker, in almost a dozen of its smoggiest cities to either shut or move to a new industrial park on the coast or get out. According…