{"id":34642,"date":"2017-03-02T11:00:00","date_gmt":"2017-03-02T11:00:00","guid":{"rendered":""},"modified":"2020-09-22T12:58:39","modified_gmt":"2020-09-22T12:58:39","slug":"9642-efforts-to-cut-steel-capacity-not-working","status":"publish","type":"post","link":"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/","title":{"rendered":"Efforts to cut steel capacity not working"},"content":{"rendered":"<p dir=\"ltr\"><span id=\"docs-internal-guid-49b29b02-8ee7-bffb-984c-d569b41e5d72\">China\u2019s widely-reported efforts to cut steel capacity have been unsuccessful, with production rebounding in 2016 by 1.2% following their first decline in 2015, finds a <\/span><a href=\"https:\/\/www.greenpeace.org.cn\/wp-content\/uploads\/2017\/02\/\u7eff\u8272\u548c\u5e73\u62a5\u544a\uff1a\u95ee\u8bca2016\u94a2\u94c1\u53bb\u4ea7\u80fd.pdf\">report<\/a> from CUSteel, commissioned by Greenpeace.<\/p>\n<p><span id=\"docs-internal-guid-49b29b02-8ee7-bffb-984c-d569b41e5d72\">The report, which was published on February 13, claims that much of the steel manufacturing capacity that was taken out of operation had already been lying idle.<\/span><\/p>\n<p>China is the world\u2019s biggest steel maker, producing half of the world\u2019s raw steel. But steel and other heavy industries have been blamed for severe air pollution affecting Beijing and surrounding areas.<\/p>\n<p>Ten days after the report was published Zhao Yingmin, Vice Minister for Environmental Protection, <a href=\"https:\/\/www.yicai.com\/news\/5231070.html\">announced<\/a> that from 2017 steel production centres around Beijing, such as Shijiazhuang and Handan, would be forced to cut production by half in winter, which is when more coal is burned for heating, worsening air pollution. He added that 28 cities across the north of China have been told to meet their steel output reduction targets for the year by the end of October, in time for winter.<br \/>\n<span id=\"docs-internal-guid-49b29b02-8ee7-bffb-984c-d569b41e5d72\">\u200b<br \/>\nZhao <\/span><a href=\"https:\/\/news.xinhuanet.com\/politics\/2017-02\/23\/c_1120513524.htm\">added<\/a> that the past winter saw poor air quality in the Beijing-Tianjin-Hebei region, with January\u2019s PM2.5 levels up a huge 44% on the previous year across 13 key cities, including Beijing. Zhao suggested that a major cause of the air pollution was heavy industries such as steel emerging from a slump and ramping up production.<\/p>\n<p><span id=\"docs-internal-guid-49b29b02-8ee7-bffb-984c-d569b41e5d72\"><strong>Severe overcapacity<\/strong><\/span><\/p>\n<p>The steel sector has struggled to adjust to slowing economic growth. According to the <a href=\"https:\/\/www.gov.cn\/zwgk\/2013-10\/15\/content_2507143.htm\">State Council<\/a>, sectors that are reliant on infrastructure investment such as steel, concrete, aluminium and plate glass, etc., are facing overcapacity.<\/p>\n<p><span id=\"docs-internal-guid-49b29b02-8ee7-bffb-984c-d569b41e5d72\">Figures from the <\/span><a href=\"https:\/\/www.chinaisa.org.cn\/gxportal\/DispatchAction.do?efFormEname=ECTM40&amp;key=CmkINwhjVzZQMQQzXzgNbFczAWEDZwYzUmMFN1QxADxURwFOW0BZaVRFA0QHEAJg\">China Iron and Steel Association<\/a> show that overcapacity increased between 2010 and 2015, reaching 30% by the end of 2015, with key large and medium sized firms having debt ratios of 70%.<\/p>\n<p><span id=\"docs-internal-guid-49b29b02-8ee7-bffb-984c-d569b41e5d72\">The central government has long been aware of the gravity of the situation. In October 2013, a State Council document <\/span><a href=\"https:\/\/www.gov.cn\/zwgk\/2013-10\/15\/content_2507143.htm\">required<\/a> the sector to remove 30 million tonnes of small-scale, inefficient and polluting capacity by the end of 2015. In February 2016, the State Council <a href=\"https:\/\/www.gov.cn\/zhengce\/content\/2016-02\/04\/content_5039353.htm\">ordered<\/a> a further reduction of between 100 and 150 million tonnes over the next five years, with a strict ban on new capacity.<\/p>\n<p><span id=\"docs-internal-guid-49b29b02-8ee7-bffb-984c-d569b41e5d72\">In February 2017, Prime Minister Li Keqiang, wrote in <\/span><em>Bloomberg Businessweek<\/em>, that the 100 to 150 million tonne range had been narrowed down to a specific 140 million tonnes \u2013 at the upper end of the range and equivalent to a 12% reduction on 2015 levels.<\/p>\n<p><span id=\"docs-internal-guid-49b29b02-8ee7-bffb-984c-d569b41e5d72\">Tighter environmental standards have also placed restrictions on heavy industry. Shijiazhuang, not far from Beijing, once <\/span><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2016-11-21\/north-china-city-halts-pharma-steel-plants-to-curb-pollution\">shut down<\/a> almost 1,000 factories for 45 days, to meet a 10% air quality improvement target.<\/p>\n<p><span id=\"docs-internal-guid-49b29b02-8ee7-bffb-984c-d569b41e5d72\"><strong>Reducing capacity not output<\/strong><\/span><\/p>\n<p>With so much idle capacity, local governments have been able to hit their capacity reduction targets with ease and claim success. In August, the National Development and Reform Commission expressed <a href=\"https:\/\/energy.people.com.cn\/n1\/2016\/0816\/c71661-28640453.html\">concerns<\/a> about the progress in reducing capacity because within a month, 28 steel producing areas and central state-owned enterprises had miraculously cut capacity by 13 million tonnes, 30% of the year\u2019s target of 45 million tonnes.<\/p>\n<p><span id=\"docs-internal-guid-49b29b02-8ee7-bffb-984c-d569b41e5d72\">According to figures in the CUSteel report, on paper at least, China cut capacity by 85 million tonnes in 2016, almost twice the original target.<\/span><\/p>\n<p>But the report also found that in 24 cities or provinces told to reduce raw steel capacity, 14 had only cut idle capacity. Nationwide 72% of the reductions were of such capacity, and as last year saw a <a href=\"https:\/\/www.worldsteel.org\/media-centre\/press-releases\/2017\/world-crude-steel-output-increases-by-0.8--in-2016.html\">recovery<\/a> in the steel sector both in China and worldwide, significant idle capacity was brought back into operation. This is why China\u2019s effective steel manufacturing capacity rose by over 36 million tonnes in 2016.<br \/>\n&nbsp;<\/p>\n<p dir=\"ltr\"><span id=\"docs-internal-guid-1164676c-89ca-dc93-8562-6d4aeec30e17\"><img loading=\"lazy\" decoding=\"async\" height=\"391\" src=\"https:\/\/lh6.googleusercontent.com\/VF29fQjSvv1ENNh_J7Psvn762ytJZQKpPZCnzSwl1RBKHnDY7yD_Y-mhcXDK_byH9IlRWyiZ9EQXID34VSV1dc1Fsq6KxUaflFU9nJg41KenIKpA7f5HH59b07J8YUr8ljkNoPiiQXdI0q-6hw\" style=\"border:none;\" width=\"554\"><\/span><br \/>\n<span id=\"docs-internal-guid-49b29b02-8ee7-bffb-984c-d569b41e5d72\"><span class=\"caption\">Changes in China&#8217;s provincial steel capacity in 2016. Source: Greenpeace Energydesk<\/span><\/span><\/p>\n<p>But Xu Zhaoyuan, head of the research office at the State Council <a href=\"https:\/\/www.drc.gov.cn\/\">Development Research Centre\u2019s<\/a> Industrial Economy Research Department, says that the report\u2019s definition of \u201ceffective capacity\u201d is debatable.<\/p>\n<p><span id=\"docs-internal-guid-49b29b02-8ee7-bffb-984c-d569b41e5d72\">The report regarded capacity that had been idle for a long period and had no impact on market output as \u201cineffective capacity\u201d. However Xu said that any capacity that could potentially return to operation should be regarded as \u201ceffective capacity\u201d.<\/span><\/p>\n<p>Under that definition, the removal of idle capacity is still useful, and the changes in effective capacity for the sector in 2016 would have to be recalculated.<\/p>\n<p>But whichever method is used, both experts and the media are questioning the actual value of the efforts to reduce steel capacity. For example Hao Jiming, a member of the Chinese Academy of Engineering Sciences and a professor at Tsinghua University, <a href=\"https:\/\/www.stdaily.com\/index\/kejixinwen\/2017-02\/06\/content_510313.shtml\">has said<\/a> that in some regions only \u201czombie capacity\u201d has been removed \u2013 for example in the Beijing-Tianjin-Hebei region no real reductions in output have been made. The <em>Economic Observer<\/em> <a href=\"https:\/\/www.eeo.com.cn\/2016\/0811\/290747.shtml\">said<\/a> in August 2016 that \u201cevery year Hebei makes great efforts to reduce capacity, yet actual steel output goes up almost every year.\u201d<\/p>\n<p><span id=\"docs-internal-guid-49b29b02-8ee7-bffb-984c-d569b41e5d72\"><strong>The limitations of government orders<\/strong><\/span><\/p>\n<p>Chen Qingtai, former head of the State Council\u2019s Development Research Centre, thinks that government-ordered closures will be ineffective. In a review of steel policy between 2003 and 2014 he found that there had been five attempts by central government to reduce steel capacity \u2013 yet output rose by 2.7 times.<\/p>\n<p>Dong Liansai, climate and energy campaigner for Greenpeace, expects to see consumption of steel in China fall during the <span id=\"docs-internal-guid-49b29b02-8ee7-bffb-984c-d569b41e5d72\">13<\/span>th Five-Year Plan period (2016-2020). Dong predicts that by 2020 raw steel consumption will have fallen from the 2013 peak of 760 million tonnes to between 650 and 700 million tonnes.<\/p>\n<p><span id=\"docs-internal-guid-49b29b02-8ee7-bffb-984c-d569b41e5d72\">But China still has over one billion tonnes of steel manufacturing capacity so slimming down the sector will not be easy. Xia Nong, an inspector with the National Development and Reform Commission\u2019s Industrial Coordination Department, has <\/span><a href=\"https:\/\/companies.caixin.com\/2016-11-10\/101006306.html?sourceEntityId=101053996\">previously said<\/a> that 2017 will see a reduction in capacity become harder because idle capacity has already been removed.<\/p>\n<p><span id=\"docs-internal-guid-49b29b02-8ee7-bffb-984c-d569b41e5d72\">Xu Zhaoyuan thinks that 2017 should see a shift away from government-led reductions in capacity, which by its nature goes against market principles.<\/span><\/p>\n<p>Setting targets and tasks is clearly not the best approach, Xu says. Long-lasting measures, guided by government but with the market playing the most important role, should be used to deal with China\u2019s overcapacity issues, with more efficient firms seeing better profitability, and the less inefficient firms eliminated.<\/p>\n<p>He also pointed out that there are a range of positive market-based measures that could be taken. For example, strict and unified environmental, quality and safety regulation; a sectoral carbon trading scheme; and more effective pricing of water and electricity.<\/p>\n<p>With overcapacity and profitability worsening, an <a href=\"https:\/\/www.chinadialogue.net\/article\/show\/single\/en\/9510-There-s-another-way-to-solve-China-s-industrial-overcapacity\">industrial development fund<\/a> could also be considered, raising money from existing firms to pay for voluntary closures \u2013 a market approach that would encourage inefficient firms to quit.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New research says China\u2019s attempt to reduce steel manufacturing capacity have been disappointing, reports Feng Hao<\/p>\n","protected":false},"author":2265,"featured_media":59373,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[758,757],"tags":[556],"hashtags":[],"country":[],"class_list":["post-34642","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-energy","tag-infrastructure"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.0 (Yoast SEO v26.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Efforts to cut steel capacity not working | Dialogue Earth<\/title>\n<meta name=\"description\" content=\"New research says China\u2019s attempt to reduce steel manufacturing capacity have been disappointing, reports Feng Hao\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Efforts to cut steel capacity not working\" \/>\n<meta property=\"og:description\" content=\"New research says China\u2019s attempt to reduce steel manufacturing capacity have been disappointing, reports Feng Hao\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/\" \/>\n<meta property=\"og:site_name\" content=\"Dialogue Earth\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-02T11:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-09-22T12:58:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dialogue.earth\/content\/uploads\/2020\/05\/cbbbf7e7-c1d3-40c9-a11a-77cc6d085193-2060x1374-1.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1281\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Hao Feng\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/\"},\"author\":{\"name\":\"Hao Feng\",\"@id\":\"https:\/\/dialogue.earth\/en\/#\/schema\/person\/4eb986ee3e9b562949562f8ef5f1b6e8\"},\"headline\":\"Efforts to cut steel capacity not working\",\"datePublished\":\"2017-03-02T11:00:00+00:00\",\"dateModified\":\"2020-09-22T12:58:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/\"},\"wordCount\":1083,\"publisher\":{\"@id\":\"https:\/\/dialogue.earth\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/dialogue.earth\/content\/uploads\/2020\/05\/cbbbf7e7-c1d3-40c9-a11a-77cc6d085193-2060x1374-1.jpeg\",\"keywords\":[\"Infrastructure\"],\"articleSection\":[\"Business\",\"Energy\"],\"inLanguage\":\"en\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/\",\"url\":\"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/\",\"name\":\"Efforts to cut steel capacity not working | Dialogue Earth\",\"isPartOf\":{\"@id\":\"https:\/\/dialogue.earth\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/dialogue.earth\/content\/uploads\/2020\/05\/cbbbf7e7-c1d3-40c9-a11a-77cc6d085193-2060x1374-1.jpeg\",\"datePublished\":\"2017-03-02T11:00:00+00:00\",\"dateModified\":\"2020-09-22T12:58:39+00:00\",\"description\":\"New research says China\u2019s attempt to reduce steel manufacturing capacity have been disappointing, reports Feng Hao\",\"breadcrumb\":{\"@id\":\"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/#breadcrumb\"},\"inLanguage\":\"en\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/#primaryimage\",\"url\":\"https:\/\/dialogue.earth\/content\/uploads\/2020\/05\/cbbbf7e7-c1d3-40c9-a11a-77cc6d085193-2060x1374-1.jpeg\",\"contentUrl\":\"https:\/\/dialogue.earth\/content\/uploads\/2020\/05\/cbbbf7e7-c1d3-40c9-a11a-77cc6d085193-2060x1374-1.jpeg\",\"width\":1920,\"height\":1281,\"caption\":\"Government targets mandating cuts in steel overcapacity have not led to a drop in output(Image by\u00a0Lu Guang \/ Greenpeace)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/dialogue.earth\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Efforts to cut steel capacity not working\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dialogue.earth\/en\/#website\",\"url\":\"https:\/\/dialogue.earth\/en\/\",\"name\":\"Dialogue Earth\",\"description\":\"Global climate and environment news\",\"publisher\":{\"@id\":\"https:\/\/dialogue.earth\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/dialogue.earth\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/dialogue.earth\/en\/#organization\",\"name\":\"\u5bf9\u8bdd\u5730\u7403\",\"url\":\"https:\/\/dialogue.earth\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\/\/dialogue.earth\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/dialogue.earth\/content\/uploads\/2024\/04\/Dialogue-Earth-Symbol-Logo_Black-Text.png\",\"contentUrl\":\"https:\/\/dialogue.earth\/content\/uploads\/2024\/04\/Dialogue-Earth-Symbol-Logo_Black-Text.png\",\"width\":256,\"height\":256,\"caption\":\"\u5bf9\u8bdd\u5730\u7403\"},\"image\":{\"@id\":\"https:\/\/dialogue.earth\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/DialogueEarth_\",\"\",\"https:\/\/www.facebook.com\/DialogueEarth.English\",\"https:\/\/www.instagram.com\/dialogue.earth\/\",\"https:\/\/www.linkedin.com\/company\/dialogueearth\/\"],\"publishingPrinciples\":\"https:\/\/dialogue.earth\/en\/about\/\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/dialogue.earth\/en\/#\/schema\/person\/4eb986ee3e9b562949562f8ef5f1b6e8\",\"name\":\"Hao Feng\",\"description\":\"Feng Hao is a former researcher at chinadialogue.\",\"url\":\"https:\/\/dialogue.earth\/en\/author\/fenghao\/\",\"sameAs\":[\"https:\/\/dialogue.earth\/en\/author\/fenghao\/\"]}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Efforts to cut steel capacity not working | Dialogue Earth","description":"New research says China\u2019s attempt to reduce steel manufacturing capacity have been disappointing, reports Feng Hao","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/","og_locale":"en_US","og_type":"article","og_title":"Efforts to cut steel capacity not working","og_description":"New research says China\u2019s attempt to reduce steel manufacturing capacity have been disappointing, reports Feng Hao","og_url":"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/","og_site_name":"Dialogue Earth","article_published_time":"2017-03-02T11:00:00+00:00","article_modified_time":"2020-09-22T12:58:39+00:00","og_image":[{"width":1920,"height":1281,"url":"https:\/\/dialogue.earth\/content\/uploads\/2020\/05\/cbbbf7e7-c1d3-40c9-a11a-77cc6d085193-2060x1374-1.jpeg","type":"image\/jpeg"}],"author":"Hao Feng","twitter_card":"summary_large_image","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/#article","isPartOf":{"@id":"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/"},"author":{"name":"Hao Feng","@id":"https:\/\/dialogue.earth\/en\/#\/schema\/person\/4eb986ee3e9b562949562f8ef5f1b6e8"},"headline":"Efforts to cut steel capacity not working","datePublished":"2017-03-02T11:00:00+00:00","dateModified":"2020-09-22T12:58:39+00:00","mainEntityOfPage":{"@id":"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/"},"wordCount":1083,"publisher":{"@id":"https:\/\/dialogue.earth\/en\/#organization"},"image":{"@id":"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/#primaryimage"},"thumbnailUrl":"https:\/\/dialogue.earth\/content\/uploads\/2020\/05\/cbbbf7e7-c1d3-40c9-a11a-77cc6d085193-2060x1374-1.jpeg","keywords":["Infrastructure"],"articleSection":["Business","Energy"],"inLanguage":"en"},{"@type":"WebPage","@id":"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/","url":"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/","name":"Efforts to cut steel capacity not working | Dialogue Earth","isPartOf":{"@id":"https:\/\/dialogue.earth\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/#primaryimage"},"image":{"@id":"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/#primaryimage"},"thumbnailUrl":"https:\/\/dialogue.earth\/content\/uploads\/2020\/05\/cbbbf7e7-c1d3-40c9-a11a-77cc6d085193-2060x1374-1.jpeg","datePublished":"2017-03-02T11:00:00+00:00","dateModified":"2020-09-22T12:58:39+00:00","description":"New research says China\u2019s attempt to reduce steel manufacturing capacity have been disappointing, reports Feng Hao","breadcrumb":{"@id":"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/#breadcrumb"},"inLanguage":"en","potentialAction":[{"@type":"ReadAction","target":["https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/"]}]},{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/#primaryimage","url":"https:\/\/dialogue.earth\/content\/uploads\/2020\/05\/cbbbf7e7-c1d3-40c9-a11a-77cc6d085193-2060x1374-1.jpeg","contentUrl":"https:\/\/dialogue.earth\/content\/uploads\/2020\/05\/cbbbf7e7-c1d3-40c9-a11a-77cc6d085193-2060x1374-1.jpeg","width":1920,"height":1281,"caption":"Government targets mandating cuts in steel overcapacity have not led to a drop in output(Image by\u00a0Lu Guang \/ Greenpeace)"},{"@type":"BreadcrumbList","@id":"https:\/\/dialogue.earth\/en\/business\/9642-efforts-to-cut-steel-capacity-not-working\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/dialogue.earth\/en\/"},{"@type":"ListItem","position":2,"name":"Efforts to cut steel capacity not working"}]},{"@type":"WebSite","@id":"https:\/\/dialogue.earth\/en\/#website","url":"https:\/\/dialogue.earth\/en\/","name":"Dialogue Earth","description":"Global climate and environment news","publisher":{"@id":"https:\/\/dialogue.earth\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/dialogue.earth\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en"},{"@type":"Organization","@id":"https:\/\/dialogue.earth\/en\/#organization","name":"\u5bf9\u8bdd\u5730\u7403","url":"https:\/\/dialogue.earth\/en\/","logo":{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/dialogue.earth\/en\/#\/schema\/logo\/image\/","url":"https:\/\/dialogue.earth\/content\/uploads\/2024\/04\/Dialogue-Earth-Symbol-Logo_Black-Text.png","contentUrl":"https:\/\/dialogue.earth\/content\/uploads\/2024\/04\/Dialogue-Earth-Symbol-Logo_Black-Text.png","width":256,"height":256,"caption":"\u5bf9\u8bdd\u5730\u7403"},"image":{"@id":"https:\/\/dialogue.earth\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/DialogueEarth_","","https:\/\/www.facebook.com\/DialogueEarth.English","https:\/\/www.instagram.com\/dialogue.earth\/","https:\/\/www.linkedin.com\/company\/dialogueearth\/"],"publishingPrinciples":"https:\/\/dialogue.earth\/en\/about\/"},{"@type":"Person","@id":"https:\/\/dialogue.earth\/en\/#\/schema\/person\/4eb986ee3e9b562949562f8ef5f1b6e8","name":"Hao Feng","description":"Feng Hao is a former researcher at chinadialogue.","url":"https:\/\/dialogue.earth\/en\/author\/fenghao\/","sameAs":["https:\/\/dialogue.earth\/en\/author\/fenghao\/"]}]}},"_links":{"self":[{"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/posts\/34642","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/users\/2265"}],"replies":[{"embeddable":true,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/comments?post=34642"}],"version-history":[{"count":0,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/posts\/34642\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/media\/59373"}],"wp:attachment":[{"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/media?parent=34642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/categories?post=34642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/tags?post=34642"},{"taxonomy":"hashtags","embeddable":true,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/hashtags?post=34642"},{"taxonomy":"country","embeddable":true,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/country?post=34642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}