China’s crude steel output reached a record high of 1.07 billion metric tonnes last year, more than all other nations combined. Photo: Reuters China’s crude steel output reached a record high of 1.07 billion metric tonnes last year, more than all other nations combined. Photo: Reuters
China’s crude steel output reached a record high of 1.07 billion metric tonnes last year, more than all other nations combined. Photo: Reuters

China targets air pollution, steel overcapacity with new curbs on ‘blind investment’

  • China’s government has ordered steelmakers to begin scaling back production capacity from June to avoid overcapacity and help meet emissions reductions targets
  • Production cuts come after a government-stimulated building boom helped the Chinese economy rebound from damage caused by the coronavirus pandemic last year

Topic |   China manufacturing
China’s crude steel output reached a record high of 1.07 billion metric tonnes last year, more than all other nations combined. Photo: Reuters China’s crude steel output reached a record high of 1.07 billion metric tonnes last year, more than all other nations combined. Photo: Reuters
China’s crude steel output reached a record high of 1.07 billion metric tonnes last year, more than all other nations combined. Photo: Reuters
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