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Home » News » Tangshan Fines 15 Mills and Halts Four for Breaking Curbs

Tangshan Fines 15 Mills and Halts Four for Breaking Curbs

2021-04-06

Cogne steelworks at Aosta, Italy

Tangshan's environmental protection bureau fined 15 steel producers and ordered four mills to halt operations after inspections on 1-4 April 2021 found violations of the production curbs imposed in March. The bureau reported 48 cases of environmental violations and issued fines totalling 19.2 million yuan ($2.9 million). Hebei Xinda Iron and Steel, Tangshan Jinma Iron and Steel, Tangshan Medium and Heavy Plate and Tangshan Songting Iron and Steel were ordered to stop operations because monitoring data had been falsified. The enforcement showed the city was serious about policing the restrictions, which require seven mills to cut emissions by 50 percent until the end of June and 16 others by 30 percent until the end of the year. Traders expected the shutdowns to tighten the supply of billet and hot-rolled flat steel around Tangshan and push local prices higher. The episode underlined how environmental policy, rather than demand alone, was now setting the pace of Chinese steel output.

Source: SteelOrbis — https://www.steelorbis.com/steel-news/latest-news/tangshan-orders-four-steel-mills-to-halt-operations-due-to-violations-1193942.htm

Photo: Wikimedia Commons (freely licensed).