The Shanxi Zhongsheng Steel Works in Fenyang, Shanxi Province, earlier this year. Photo: Reuters
The Shanxi Zhongsheng Steel Works in Fenyang, Shanxi Province, earlier this year. Photo: Reuters

China to cut steel capacity by 45 million tonnes this year: state planner

Capacity cuts would involve relocating 700,000 jobs in coal and 180,000 steel workers

The Shanxi Zhongsheng Steel Works in Fenyang, Shanxi Province, earlier this year. Photo: Reuters
The Shanxi Zhongsheng Steel Works in Fenyang, Shanxi Province, earlier this year. Photo: Reuters
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