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Hebei Province to Cut 14 Million Tonnes Steel Capacity in 2020

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Hebei Province to Cut 14 Million Tonnes Steel Capacity in 2020

2020-01-08
China’s leading producer of steel Hebei Province governor Xu Qin announced that Hebei Province will continue with huge overcapacity cuts in 2020 amid an ongoing industrial upgrading. He said “The province plans to cut production capacity of steel and iron by 14 million tonnes this year.”
Hebei and several other regions around Beijing are home to major steelmakers, coal mines and chemical plants. They are at the forefront of the country’s fight against air pollution. The province cut production capacity of iron and steel by 14.02 million tonnes, coal by 10.06 million tonnes and cement by 3.34 million tonnes in 2019.

Source：https://steelguru.com

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