Tag: Supply side reforms
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China Issues New Policy Draft concerning Supply Side Reforms for its Domestic Steel Sector
With the introduction of supply-side structural reforms in the steel sector in year 2017, China made substantial progress last year, with capacity-cut goals in saturated steel smelting and coal mining sectors beaten, and deleveraging pushed forward steadily. Now as per SteelMint sources, on 29 Aug’19, MIIT (Ministry of Industry and Information Technology), China has issued…