China's steel production grew at its slowest rate in more than three decades in 2014 as a cooling economy in the world's largest producer curbed demand and the government moved to tackle overcapacity and pollution.
It was acknowledged that Jiangsu Fu Ning Kaisheng Stainless Steel Materials Co., Ltd. had transferred to produce the ferrochrome with daily HC FeCr (Cr50%) output of 120tons.
China’s economy expanded 7.4 per cent in 2014, just short of an official growth target of 7.5 per cent, making it the first time the Chinese government has missed its aim since 1998.