Asia Pacific > China suspends steel capacity replacement plans

China suspends steel capacity replacement plans

Published 09:30 on August 23, 2024  /  Last updated at 10:24 on August 23, 2024  / Chia-Erh Kuo /  Asia Pacific, China

China's industry ministry has instructed all regions to cease issuing new steel capacity replacement plans, a move that could change the dynamics in the oversupplied and ETS-destined market.
China's industry ministry has instructed all regions to cease issuing new steel capacity replacement plans, a move that could change the dynamics in the oversupplied and ETS-destined market.


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