Metals News
Tangshan Closes Another 4 Steel Mills for Overcapacity Elimination Target
industry news
Jun 30,2017

SHANGHAI, Jun. 30 (SMM) – Another 4 steel factories in Tangshan, Hebei province have been closed, reported. 

Tangshan Guofeng Iron & Steel is one of the four mills being closed down, and the latest round of closures include 3 converters and 4 blast furnaces at the four plants, involving steel-making capacities of 1.98 million tonnes and iron-smelting capacities of 2.51 million tonnes. 

What Triggers Bullish Bets in Steel Market? SMM Reports

After these closures, Tangshan has completed its 53.8 per cent of iron&steel elimination target of the year, by totally closing 7 converters and 6 blast furnaces, with 4.67 million tonnes of steel-making capacities and 3.81 million tonnes of iron-smelling capacities. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or limited. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: or

iron ore price
iron ore
steel price
For queries, please contact Frank LIU at
For more information on how to access our research reports, please email
Related Price

No Data