Smog and mirrors? China’s steel capacity cuts were fake, report says.

When it comes to steel, China is faking it. Faced with global condemnation for flooding world markets with cheap steel, China announced last year it had implemented ambitious cuts in steel capacity. But a new report by Greenpeace East Asia and Chinese consultancy Custeel says that number was largely smoke and mirrors. Many of the […]

Source: http://www.washingtonpost.com/blogs/worldviews/wp/2017/02/13/smog-and-mirrors-chinas-steel-capacity-cuts-were-fake-report-says/