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China’s Ministry of Industry and Information Technology (MIIT) and Ministry of Ecology issued a notice to extend steel production cuts in China until March 15, 2022.


The aim is to reduce environmental pollution which country faces during winter heating season and ahead of the Beijing Winter Olympics in February 2022.


The agency is still taking feedback from the major steelmakers in Beijing and nearby regions to control and halt the production in two phases. The first phase is from November to Dec 15 and second phase is from January to March 15, 2022.


During the first phase, the objective is to complete production cut in Tangshan, the main hub for steelmaking in China, Hebei province which is required to lower crude steel output by 12.37mt in 2021.


The aim of second phase is to reduce air pollution with not less than 30pc production.

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