How to keep your steel industry alive and well in China

Samar Steel Industries, one of the country’s largest steel companies, said it has started the process of setting up a new factory in the southern province of Guangdong, which is home to about half of the world’s steel production.

The company said the new plant would be able to produce 1,000 tons of steel per day.

The new plant will be in the state of Guangzhou, which has seen a surge in the production of steel since the beginning of the year.

“The new factory will be able provide high-quality steel to our customers in Guangzhou and other parts of China,” Samar CEO and President Chen Wei said in a statement.

Samar Steel said it would spend at least $200 million on the new factory.

The Chinese government has recently tightened restrictions on imports of steel and other materials.

Last month, the Chinese government banned imports of all steel products, including steel products from Vietnam, Thailand, Cambodia, Indonesia, Taiwan, Philippines, Thailand and Malaysia.