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Keywords:
Tags: Metals / Mining, China,
China's effort to close small inefficient mills and reduce supply.
Grouped Articles
China's Leaders Move to Rein In Steel Mecca
Wall Street Journal 01/06/2014
Why Chinese Steel Exports Are Stirring Protests
Wall Street Journal 03/16/2015
U.S. Imposes 266% Duty on Some Chinese Steel Imports
Wall Street Journal 03/02/2016
China Takes a Hard Look at Its Steel Industry
Wall Street Journal 10/13/2009
China's Steely Resolve Faces a Challenge
Wall Street Journal 12/27/2010
Expenses Outstrip Steelmakers' Pricing Gains
Wall Street Journal 01/26/2011
The Chengdu Iron and Steel factory was started in 1958 as China began its first efforts at industrialization under Mao's Communist China. It finally closed in 2015, as China moved to close older less efficient polluting facilities first, under an overall plan to cut overcapacity in steel and other sectors. Workers laid off get 2 years of payment of about 1500 yuan or $235 per month, and are required to take retraining classes. Older workers get buyouts.
Grouped Articles
China’s Shift Away From Industry Drains Life From a Steel Town
Wall Street Journal 09/08/2015
U.S. Imposes 266% Duty on Some Chinese Steel Imports
Wall Street Journal 03/02/2016
How China Built a Steel Behemoth and Convulsed World Trade
WSJ 12/24/2018
Grouped Articles
Pain Spreads From China’s Excess Production
Wall Street Journal 07/16/2014
Why Chinese Steel Exports Are Stirring Protests
Wall Street Journal 03/16/2015
China’s Shift Away From Industry Drains Life From a Steel Town
Wall Street Journal 09/08/2015
U.S. Imposes 266% Duty on Some Chinese Steel Imports
Wall Street Journal 03/02/2016
How China Built a Steel Behemoth and Convulsed World Trade
WSJ 12/24/2018
Grouped Articles
U.S. Imposes 266% Duty on Some Chinese Steel Imports
Wall Street Journal 03/02/2016
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