Handan to eliminate 300,000 mt of steel capacity by end of August

Friday, 11 May 2018 11:02:07 (GMT+3)   |   Shanghai
       

The municipal government of Handan in China’s Hebei Province has announced that it plans to eliminate 1.51 million mt of iron-making capacity and 300,000 mt of steelmaking capacity by the end of August this year. Meanwhile, it plans to relocate Handan Iron and Steel Co. (Hansteel), a subsidiary of Hebei Iron and Steel Group (HBIS), from Handan to Ci County, Hebei Province, by the end of June 2019. At the same time, Handan city is also to implement emissions management for 18 steelmakers and 24 coking plants to ensure up-to-standard emissions.


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