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Hebei to See 12 Mlnts Overseas Steel Capacity by the End of 2020

https://en.steelhome.com [SteelHome] 2019-01-14 11:44:44

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Days before, Hebei Province Issued International Capacity Cooperation Plan for Hebei Steelmakers to promote overseas investment of Hebei steelmakers, drive “go out” strategy and improve steel industrial chain adjustment.

The Plan pointed out that global steel demand has bright future and it is expected that crude steel consumption will sustain at 1.6 billion tons. According to the Plan, as of end of 2020, overseas steel capacity of Hebei Province shall reach 12 million tons.

At present, steelmakers in Hebei Province has established 8 steel projects with 6.35 million tons capacity.

(To contact the reporter on this story: molly.shi@steelhome.cn or 86-21-50585358)
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