International Steel Mills
February 14, 2017
China Capacity Cuts Mostly Idled Production Says New Report
Written by Sandy Williams
The following article was prompted by a report coming out of a consulting group working for Greenpeace. SMU understands they have a political agenda but we wanted to provide our readers with what was being said and then some commentary at the end from one of our trading friends located in Asia who works with the Chinese steel mills.
China is coming under scrutiny for its steel capacity cut, with reports indicating that cuts were primarily made on already idled plants.
