A worker rides his bicycle past piles of steel coils for export at a port in Yingkou, Liaoning province. Photo: Reuters A worker rides his bicycle past piles of steel coils for export at a port in Yingkou, Liaoning province. Photo: Reuters
A worker rides his bicycle past piles of steel coils for export at a port in Yingkou, Liaoning province. Photo: Reuters
A-shares

Painful steel industry reforms needed to iron out overcapacity problems

Local governments that rely on plants for tax revenue seen as stumbling block

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A worker rides his bicycle past piles of steel coils for export at a port in Yingkou, Liaoning province. Photo: Reuters A worker rides his bicycle past piles of steel coils for export at a port in Yingkou, Liaoning province. Photo: Reuters
A worker rides his bicycle past piles of steel coils for export at a port in Yingkou, Liaoning province. Photo: Reuters
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