New rules aimed at making China’s sprawling steel sector greener will do little to tackle rampant overcapacity or help Beijing protect its big state-owned mills from smaller, nimbler rivals.
China’s environment ministry has said it will impose “special emissions restrictions” from next month on major industries from steel and petrochemicals to cement, non-ferrous metals and coal-fired power. Environmental inspections have already started in big steel producing regions.
But when it comes to steel, it’s more than just pollution.
via Business feed http://www.scmp.com/business/commodities/article/1188223/new-rules-may-ease-china-pollution-wont-solve-steel
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