China stopped production of major steel plants. According to Chinese media on Monday, the Chinese government has ordered major steel mills nationwide to either reduce or stop production altogether. This is to ensure that steel production in 2021 does not exceed that of the previous year.
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Read MoreChina has an annual paper and pulp production of 99.3 million tons, the highest of any country in the world. Paper consumption in China is also one of the world's highest, reaching more than 85 million tons in 2009. Another top paper and pulp producing country in Asia are Japan which has the third largest paper and pulp production in the ...
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Read Morechinese cement milling producer. UltraTechCementLtd, India's largestproducerof the building material, will sell its entire stake in aChineseunit for an enterprise value of $120 million (about Rs 900 crore at current exchange rates).
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Read MoreSteel Mills in North China Are Told to Limit Production to Off-Peak Hours. (Yicai Global) Oct. 13 -- Steel manufacturers in the Beijing-Tianjin-Hebei region, China's main steel production base, have been ordered by the country's regulators to conduct production during off-peak hours for the next four months and to cut output so as to reduce ...
Read MoreProduction costs at Chinese steel mill have increased, especially at electric arc furnaces, because of recent power rationing and government demands for energy consumption cuts, the country's ...
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