The municipal government of Anyang in China's Henan Province has announced that by 2020 the 11 steelmakers in Anyang will be merged into a total of just four steel producers. Furthermore, the steel industry in Anyang will form a complete industrial chain from raw materials supply and iron-smelting to rolling and deep processing, with the main annual operational revenues of the local steel industry expected to reach RMB 150.0 billion ($22.0 billion) by the end of the given year.
Anyang’s 11 steelmakers to merge into four by 2020
Eunice Ouyang
EditorI graduated from University of Shanghai for Science and Technology, with 16 years of deep expertise in the steel industry. I am responsible for steel-related news and intelligence, as well as leading the content team in China.