China extends its steel capacity cuts

Sep 23, 2013 | 10:01 AM |

Tags  China steel, steel capacity, steel capacity cuts, Beijing capacity, Tianjin capacity, Hebei capacity, Hu Huimin, Huatai Great Wall Futures aluminum analyst

SHANGHAI — China’s environmental protection ministry has set steel capacity reduction targets for the Beijing-Tianjin-Hebei region and its surrounding areas in a bid to improve the country’s air quality.

This follows a similar plan announced by Hebei province’s local government earlier this month (, Sept. 13), the same day the State Council unveiled a national plan toward the same goal.....

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