The municipal government of Tangshan - China's steelmaking hub in the northern region - has suggested that basic oxygen furnaces no longer come under production restrictions due to the low level of pollutants that they emit.
In a notice released late on Monday May 31, it also suggested a relaxation of the rates of emissions cuts by steel mills in the city to 20-30% from the more stringent 30-50% currently in place.This is in line with the central Chinese government's proposal of using market-oriented methods to cool down red-hot commodity markets, including steel, iron...