Baosteel subsidiary launches tender to offload surplus CO2 permits

Published 04:13 on December 14, 2016  /  Last updated at 15:36 on December 14, 2016  / Kathy Chen /  Asia Pacific, China

A subsidiary of Baosteel, China’s biggest steel maker, has issued a tender to sell 300,000 Guangdong Emissions Allowances in a move observers say is a result of the government’s efforts to slash overcapacity in the steel sector.
A subsidiary of Baosteel, China’s biggest steel maker, has issued a tender to sell 300,000 Guangdong Emissions Allowances in a move observers say is a result of the government’s efforts to slash overcapacity in the steel sector.


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