Li Qian, vice governor of China’s Hebei Province, has announced that the province has eliminated 25.55 million mt of steelmaking production capacity and 20.66 million mt of iron-making production capacity in the current year up to the end of October.
According to the original target set at the beginning of the year, Hebei Province will eliminate a combined total of 31.86 million mt of steelmaking and iron-making production capacity in 2017.
In addition to the elimination of steel and iron-making capacities, Hebei Province has also eliminated 10.5 million mt of coal production capacity and 8.08 million mt of coke output capacity up to the end of October.