The municipal government of Tangshan, a leading hub for steel production in China, has announced that it eliminated 6.05 million mt of steelmaking capacity and 4.42 million mt of iron-smelting capacity in 2020, successfully completing its steel production capacity reduction task for the given year.
Tangshan eliminated a total of 39.38 million mt of steelmaking capacity and 26.35 million mt of iron-smelting capacity in the 2016-2020 period.