Small Impact on China Hebei Iron Mine after Environmental Protection Inspections-Shanghai Metals Market

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Small Impact on China Hebei Iron Mine after Environmental Protection Inspections

Industry News 04:45:32PM Aug 19, 2014 Source:SMM

SHANGHAI, Aug. 19 (SMM) – A total of 56 iron mines have been shut down in Hebei Province, China since April 2014, Shanghai Metals Market’s ferrous branch Steelease learns. 

Those closed mines, including 10 illegal mines and 46 mines which are less than 300 meters away from railway lines or expressway, are mainly located in Tangshan and Zhangjiakou, Hebei Province. Most of them are small ones. 

Small production scale and sluggish ore prices have turned them unwilling to increase input in environmental protection. In addition, most of those mines have suspended production for years, so the impact on overall operating rates will be small, Steelease foresees.  
 

Small Impact on China Hebei Iron Mine after Environmental Protection Inspections

Industry News 04:45:32PM Aug 19, 2014 Source:SMM

SHANGHAI, Aug. 19 (SMM) – A total of 56 iron mines have been shut down in Hebei Province, China since April 2014, Shanghai Metals Market’s ferrous branch Steelease learns. 

Those closed mines, including 10 illegal mines and 46 mines which are less than 300 meters away from railway lines or expressway, are mainly located in Tangshan and Zhangjiakou, Hebei Province. Most of them are small ones. 

Small production scale and sluggish ore prices have turned them unwilling to increase input in environmental protection. In addition, most of those mines have suspended production for years, so the impact on overall operating rates will be small, Steelease foresees.