TOP STEELMAKERS 2018: All Asian mills in top 10 hold onto rankings despite supply-side reforms

摘要

Of all the recent developments in the Asia steel industry, none has garnered quite as much attention as the supply-side reforms in China, where the government has mandated strict industrial policies to control pollution levels.This included the cutting of at least 120 million tonnes of blast furnace-based steelmaking capacity in 2016-2017, and another 140 million tonnes of induction furnace-based steelmaking capacity in the same period. Another additional planned 30 million tonnes of capacity cuts is to be completed in 2018.