China steel hub Tangshan lifts pollution controls

Kitco Media
By Reuters
Published:
Updated:
Reuters
BEIJING, March 1 (Reuters) - The northern Chinese city of Tangshan, China's top steel production hub, said on Wednesday it would lift a level 2 emergency response for pollution after air quality improved. The municipal government had implemented the response on Feb. 26 due to a wave of heavy pollution, leading to production curbs at steel mills. The most-traded May iron ore futures contract on the Dalian Commodity Exchange (DCE) closed the daytime trading 2.53% lower this Monday because sintering capacity was reduced between 30% and 50% to meet government requirements.
(Reporting by Amy Lv and Dominique Patton in Beijing, Editing by Louise Heavens)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.