The Steel industry in China has developed over several decades into the world biggest.[1] China accounted for over 50% of world steel production in 2013. It has driven by rapid modernisation of its economy, construction, infrastructure and manufacturing industries.
As of 2015 the global steel market was weak with both Ukraine and Russia attempting to export large amounts of steel. Weak domestic demand in 2014 resulted in record exports of 100 million metric tons of steel by the Chinese steel industry.
Efforts by the Chinese Ministry of Environmental Protection under the Action Plan for the Prevention and Control of Air Pollution has resulted in pressure on steel mills in Linyi and Chengde to employ environmental protection measures on pain of being closed down.
Lucy Xie
sevvice@gdseko.com
Skype:Lucy
Xie,SEKO Machinery
Skype:Lucy
Xie,SEKO Machinery
Suggested Reading:Scrap steel export growth in the United States
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