9,012.87 TRY BIST 100 BIST 100
34.22 USD USD USD
37.88 EUR EUR EUR
4.90 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
41.62 TRY Interest Interest
74.90 USD Fossil Oil Fossil Oil
31.63 USD Silver Silver
4.65 USD Copper Copper
107.97 USD Iron Ore Iron Ore
367.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,922.29 TRY Gold (gr) Gold (gr)

China's government to limit steel production

China will limit steel production this year, according to Chinese state-owned steelmaker Baosteel.

China's government to limit steel production

According to China's state-owned steelmaker Baosteel, the Chinese government will limit steel production this year in order to achieve its goal of zero growth in carbon emissions for the next two years.

Baosteel General Manager Wu Xiaodi stated that this year's steel production will not exceed last year's level. He also stated that the limitation will start in the October-November period of 2023 and there will be a decrease in volumes.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In
SteelRadar Insight - Sayı 1 (Haziran 2024)

Most read news

Fortescue introduces electric graders powered by Zero battery system

Thursday, October 3, 2024

China files appeal to WTO on Canada’s electric vehicle and steel tariffs

Thursday, October 3, 2024

NMDC's iron ore sales increased by 13.83% in September

Thursday, October 3, 2024

Outokumpu Mexinox faces delivery delays after flooding halts production

Thursday, October 3, 2024

Shyam Metalics launches stainless steel rebar for coastal projects

Thursday, October 3, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now