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Sat, 10 Apr 2021 21:10   Su-Lin Tan

Chinese steel production powers ahead despite curbs in industry’s heartland

Steel production in China has continued to charge forward despite curbs on production in Tangshan, the country’s largest producer.The increase underlines the dilemma the Chinese authorities face in balancing the need to keep the economy on track as it recovers from the impact of Covid-19 with its commitment to become carbon neutral by 2060.The blast furnace capacity utilisation rate of 247 Chinese steel mills remained strong at close to 87 per cent after a small rise of 0.02 percentage points…

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