The municipal government of Tangshan in China's Hebei Province has approved the draft steel production plan for the post-winter period which extends steel production cuts from March 16 to November 14, according to Reuters.
Reuters stated that, according to a statement from Tangshan Development and Reform Commission, steelmakers in Tangshan will implement production cuts of 10 percent to 15 percent, based on air quality, location and capacity size, until November 14.
Accordingly, steel mills in the main part of the city, including Tangsteel Company, a subsidiary of Hebei Iron and Steel (HBIS) Group, will be ordered to cut production by as much as 15 percent, while other mills in the city will cut production by 10 percent, and this could be increased if air quality worsens. In addition, mills that have not obtained licenses to discharge pollutants will have to halt production.