From 2016 to 2020, Hebei reduced its crude steel production capacity by over 82 million tons, said the report delivered at the annual session of the provincial legislature, which opened on Friday.
According to relevant reports, the Asian steel market has been talking about the possibility of China cutting the steel export tax rebate from the current 13% to 9%, or abolishing it altogether.
China's central position in Global trade has been further strengthened in 2020. Although the epidemic has more or less affected the supply chain, China's major container hub ports continue to achieve record volume growth.
The company has engaged a local consultant group that will undertake the phase 1 and phase 2 exploration program aimed at firming up the prospectivity of Gwesan Vanadium Project.