Dexter Roberts, China's Steel Country Confronts Reality.
www.bloomberg.com/news/features/ ... y-into-a-ghost-town
("Hebei’s mills produce some 25 percent of China’s more than 800 million tons of steel. The province is one of the country’s biggest glass and cement manufacturers. All three industries face serious oversupply, much of it built up since cheap loans became available after the 2008 global financial crisis. China’s steel factories run at 72 percent of capacity")
Note:
(a) summary underneath the title in print: Mill shutdowns in Hebei province worsen industrial China's ills
(b) "The city of Handan in Hebei 河北省 邯郸市 province is the birthplace of Qin Shihuang, the first emperor of China."
I did not know this.
(c) "Handan Iron & Steel 邯郸钢铁集团有限责任公司, "a subsidiary of China’s largest steelmaker, Hebei Iron & Steel Group" 河北钢铁集团
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