China Announces Stricter Steel Capacity Swap To Tackle Overcapacity
Last Updated:October 24, 2025, 6:01 PM IST China unveiled a stricter steel capacity swap plan, banning new or transferred capacity in key areas like Beijing-Tianjin-Hebei, Yangtze River Delta, and Fenwei Plain. Steel Industry China on Friday unveiled a proposal for a more stringent steel capacity swap plan, 14 months after it paused the old programme…