Asia Pacific > Continued capacity expansion hampers China’s shift to greener steel -report

Continued capacity expansion hampers China’s shift to greener steel -report

Published 01:00 on March 27, 2024  /  Last updated at 10:44 on March 26, 2024  / Chia-Erh Kuo /  Asia Pacific, China

Continued aggressive spending on new production capacity, alongside plummeting profitability, has made China's steel sector financially vulnerable and hampered the industry-wise shift to greener furnaces, a report has found.
Continued aggressive spending on new production capacity, alongside plummeting profitability, has made China's steel sector financially vulnerable and hampered the industry-wise shift to greener furnaces, a report has found.


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