Tougher steel emission rules could cut Chinese capacity
Mar 12, 2013 | 10:28 AM
BEIJING Chinas revised emission caps for iron ore and steelmaking projects likely will result in further consolidationand closuresof 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. ....
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