Tougher steel emission rules could cut Chinese capacity
Mar 12, 2013 | 10:28 AM
|
Tags
iron ore,
emission caps,
steel,
steelmaking,
crude steel production,
Frank Tang,
North Square Blue Oak,
Baosteel
Wuhan Iron & Steel
BEIJING — China’s revised emission caps for iron ore and steelmaking projects likely will result in further consolidation—and closures—of small steelmaking facilities, analysts told AMM sister publication Steel First.
The new standards, which also apply to five other heavily polluting industries, came into effect March 1 for new projects in 47 cities nationwide, according to the Ministry of Environmental Protection. Existing plants will be subject to restrictions beginning Jan. 1, 2015, with a special focus on sintered iron and steel and pelletizing plants. ....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here