China’s Steel Industry Has Been Hit Hard By Its ‘War On Pollution’

In many emerging markets, economic growth has come at the stark price of appalling levels of pollution. But the Financial Times suggested that in China, home of the largest steel and aluminum industries in the world by far, steel output is under threat from Beijing’s “war on pollution.” China steel and the ‘war on pollution’ During the winter season in recent years, power production that runs on coal and polluting industries such as steel and cement, many of which are not only large emitters themselves but also draw…