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SHANGHAI (Reuters) - China's top steel making province will ban the reopening of steel mills that had been previously ordered to shut down, the official Xinhua News Agency reported on Tuesday ...
But that’s quickly changing: As demand slows and China attempts to curb pollution, a massive recession is hitting its steel country. Mill closures are hitting the province of Hebei—which ...
THESE are not the best of times to be one of China's massive, state-owned steel mills. The domestic economy is slowing, competition is increasing, and there is widespread disgust and impatience with ...
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China’s Steel and Oil Industries Bear Brunt of Tepid EconomySteel mills have been forced to slash output to protect margins hammered by China’s protracted property crisis. Bankruptcies could beckon. Oil refiners are also cutting runs, with weak demand ...
New rules aimed at making China's sprawling steel sector greener will do little to tackle rampant overcapacity or help Beijing protect its big state-owned mills from smaller, nimbler rivals.
BEIJING, Oct 18 (Reuters) - China's crude steel output in September ... "The monthly reduction is because some more steel mills cut output last month after losses widened as a result of higher ...
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