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"Steel" tag

China, Steel & Spare capacity: First Skirmishes in Long Battle

For various reasons, well beyond the scope of this short note, China has amassed huge industrial capacity, well beyond its ability to absorb. In part, that is one of the challenges that the “One Belt...

Posco environment licence suspended

South Korean steel giant POSCO’s plant in Orissa has run in to rough weather. Its Environmental clearance has been suspended by National Green Tribunal on Friday. This interim verdict undermines India’s ability to remove the...