China continues to add coal-based steel projects despite unsolved overcapacity -analysts

Published 01:01 on August 1, 2023  /  Last updated at 09:04 on July 31, 2023  / Chia-Erh Kuo /  Asia Pacific, China

Chinese steel firms are making considerable investments in new coal-based steelmaking capacity, even though the sector continues to suffer from multiple issues including low profitability and overcapacity, a report has found.
Chinese steel firms are making considerable investments in new coal-based steelmaking capacity, even though the sector continues to suffer from multiple issues including low profitability and overcapacity, a report has found.


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