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The government is struggling with pollution in Hebei

Surrounding Beijing area belongs to the Hebei province. It Hebei produces about ¼ percentage of the total volume of steel produced in the country. And that Hebei is a major goal for China in the struggle for environmental clean government environment. The report describes the situation in Hebei, it said that the region is one of the most smoky in China. According to the results of the report, compiled by Xinhua information company, in 2014, economic progress has been planned at the level of 8%. However, deviation in the end amounted to 1.75%.

Based on a strategy developed to combat pollution arising in Hebei Province, an area internally reduces the growth of heavy industry. Basically it is a coal-fired power plants and focused on the production of steel. Given the circumstances, the province is in a constant search for new sources of revenue for development.

At the provincial legislative body of the ongoing annual session of the Governor reported on the difficulties that the province faced in 2014. In particular, they talked about the Beijing government adopted the decision on the introduction of tough measures in relation to the source of smoky pollution. In accordance with the situation of Hebei government decided in the years 2014−2017 to reduce the release of crude steel by 60 mln. Tons. Also at 30 million. Tons will be reduced coal use in electricity production. Coke production will decline by 60 mln. Tons.

In the end of November 2014, Hebei Iron and Steel Group has decided to acquire shares of the steel trader «Duferco». This step will help to meet the needs associated with the increasing volumes of steel products exported from the country. According to information data mining company expects to acquire a 51% stake. Representatives «Duferco» confirmed that Hebei will own a controlling stake. At the same time the details of the transaction are not covered.

For the first time in the Chinese company with state ownership is decided on the acquisition of shares in a trading company. This step shows the willingness of Chinese companies to enter the overseas level. In 2014, metallurgical Chinese companies reached another record on export of steel products. At the same time China has expanded its own export markets in the US, Latin America, South Korea, the Philippines and Indonesia.

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