MIIT: Flexibility needed in elimination of disqualified raw material capacities

Monday, 12 April 2010 13:12:23 (GMT+3)   |  
       

At a meeting held in Beijing by China's Ministry of Industry and Information Technology (MIIT) to discuss the elimination of disqualified raw material capacities, MITT official Chen Yanhai said that one of the main reasons for the difficulties in the elimination of disqualified capacities is the great difference between the east and west of China as well as between urban and rural areas as regards development levels, the market situation and technologies. As a result, he said, it is important to use a flexible approach in dealing with the elimination of disqualified capacities.

Mr. Chen stressed that, when eliminating the capacities in question, the first and the most important rule is to strictly control the launch of new capacities.


Similar articles

Import scrap prices in Bangladesh mainly stable in new containerized deals, more negotiations for bulk

25 Apr | Scrap & Raw Materials

Major steel and raw material futures prices in China – Apr 25, 2024 

25 Apr | Longs and Billet

Fortescue posts record monthly iron ore shipments in March

25 Apr | Steel News

German crude steel output increases by 6.0 percent in January-March

25 Apr | Steel News

MOC: Average steel prices in China up slightly during April 15-21

25 Apr | Steel News

P&S dock delivered scrap prices in Philadelphia

24 Apr | Scrap & Raw Materials

Philadelphia dock delivered prices for HMS I/II 80:20 scrap

24 Apr | Scrap & Raw Materials

Dock delivered prices for P&S scrap in New York

24 Apr | Scrap & Raw Materials

New York HMS I/II 80:20 dock delivered scrap prices

24 Apr | Scrap & Raw Materials

Mexican metal scrap imports fall 27 percent by value in February

24 Apr | Steel News