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Chinese steel consumption to rise 7.7pct in 2017

China Metallurgical Industry Planning and Research Institute forecasts that Chinese steel consumption is expected to rise 7.7% YoY to 725 million tonne in 2017 amid an improving economy and better performance of major steel consumers as China’s crude steel output ...

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Shanxi province introduces rule to curb water use for steel production

China’s central Shanxi province has introduced new rules curbing water use for steel, cement and aluminum production, in another blow to sectors reeling from government-enforced output cuts. The official Xinhua news agency citing Shanxi’s Development and Reform Commission said that ...

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