HeSteel's capacity cuts reflect move toward sector change
By Zhang Yu in Shijiazhuang | China Daily | Updated: 2016-08-12 07:43
Zhang Jiwen almost lost his job when a furnace he worked at for many years was demolished at Xuansteel, a subsidiary of HeSteel Group Co Ltd, in northern China's Hebei province.
But thanks to his determination to adapt, Zhang secured the necessary training for new skills and instead became a quality inspector at the company's technology center.
Zhang's pathway to a new career is a small part of a bigger picture: the supply-side structural reform measures carried out by HeSteel, China's leading iron and steel business group.
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