Chinese steel output cuts to vary from mill to mill

Industrial output, investment and retail sales all grew less than expected, data showed on Thursday, offsetting upbeat trade data and suggesting further weakness ahead if Beijing perseveres with its crackdown on factory pollution and questionable local government spending.

BEIJING: Production cuts in China’s mammoth steel sector would vary from mill to mill next autumn and winter, said an environmental ministry official, as the country shifts away from a “one size fits all” approach to fighting pollution.

That comes after the nation’s state council earlier this month said the 82 cities required to take special anti-smog measures over autumn and winter would be able to draw up their own bespoke plans for those steps.