Hebei steel capacity cuts hit 2M tonnes through Oct.

Nov 04, 2013 | 11:14 AM |

Tags  Macquarie Group, Hebei province, China steel production, steelmaking capacity, iron production capacity

SHANGHAI — More than 2 million tonnes of iron and steel production capacity were cut in China’s Hebei province through the end of October, China’s Ministry of Information and Technology said Nov. 1.

The province, China’s steel production hub, has cut 1.3 million tonnes of iron production capacity, 1.1 million tonnes of steelmaking capacity and 3.6 million tonnes of coke capacity as of Oct. 31, the ministry said.....

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