China to eliminate 16.9 million mt steel capacity by Feb 2010

Thursday, 03 December 2009 14:45:19 (GMT+3)   |  
       

China has urged local governments to finish shedding 16.91 million mt of unsafe and outdated steel production capacity by the end of February 2010, the Ministry of Industry and Information Technology said on Thursday, as reported by Reuters.

More than 21 million mt of inefficient iron smelting capacity, 1.62 million mt of steel alloy capacity and 313,500 mt of electrolytic aluminium capacity have also been targeted in a long-standing campaign aimed at cleaning up and streamlining China's industries.

The ministry said outdated heavy industrial facilities throughout China were hindering its efforts to improve work safety, improve energy efficiency and combat pollution.

The major steel producing province of Hebei in northern China needs to meet a target to close as much as 9 million mt of iron smelting capacity and 4 million mt of steel output before the February deadline.

Jiangsu Province on the eastern coast will also be expected to complete the closure of 2.45 million mt of iron smelting and 5.47 million mt of steel smelting capacity.


Similar articles

China’s Baosteel to supply carbon-reduced steel for auto production

18 Dec | Steel News

CISA mills’ daily steel output down 2.11 percent in mid-October

25 Oct | Steel News

CISA mills’ daily steel output up 0.81 percent in early October

13 Oct | Steel News

CISA mills’ daily steel output down 3.15 percent in late Sept

10 Oct | Steel News

CISA mills’ daily steel output down 1.17 percent in mid-Sept

25 Sep | Steel News

CISA mills’ daily steel output resumes uptrend in early Sept, stocks rise

13 Sep | Steel News

CISA mills’ daily steel output down 7.65 percent in late August

06 Sep | Steel News

CISA mills’ daily steel output up 2.89 percent in mid-August

23 Aug | Steel News

CISA mills’ daily steel output up 0.8 percent in early August

15 Aug | Steel News

NBS: China’s crude steel output down 1.7 percent in 2022

28 Feb | Steel News