China has reached the limits of air pollution!
As reported by metal Pages: "The ministry of environmental protection has invoked emergency measures to control "heavy pollution" in Beijing and Tianjin municipalities, as well as Shandong and Hebei provinces over 3-6 November. The measures include restrictions on steel output in these key steel production areas."
Again the situation is critical and the heavy industry in China will be under pressure to be compliant with international standards. We also observe that emissions control efforts target smaller mills that do not have the resources to install complete pollution control equipment.
Following the COP21 agreement in Paris, China will notify stricter emissions levels for steel plants next year.
The pollution control efforts could increase steel prices, as it will restrict output at a time when construction and manufacturing steel demand remains robust.