Hebei Shengbao’s relocation to East China rejected

The government of East China’s Jiangxi province has rejected plans drawn up by Hebei Shengbao Iron & Steel Group in Langfang city, North China’s Hebei province, to relocate to the province, a Jiangxi official confirmed on Tuesday.
The relocation plan was rejected because “it was not in line with the development plan of the Yangtze River Economic Belt,” the official told Mysteel Global. A statement announcing the steelmaker’s plans, published by Jiangxi Provincial Industry and Information Technology Department on December 5 2018, was revoked on July 1,


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