NDRC: China targets coal output of 3.65 billion mt in 2012

Wednesday, 15 August 2012 15:10:57 (GMT+3)   |  
       

China, the world's leading producer and consumer of coal, is targeting a coal output of 3.65 billion metric tons for the current year, as announced by the country's National Development and Reform Commission (NDRC).

Furthermore, as stated by the NDRC, the 2012 production targets for the three major coal producing provinces in China, i.e., Inner Mongolia, Shanxi and Shaanxi, are 920 million mt, 810 million mt and 400 million mt respectively, as compared to their coal outputs of 990 million mt, 870 million mt and 405 million mt last year.

In addition, in the current year China plans to eliminate annual backward or outdated coal production capacities totaling 23.47 million mt, affecting 625 coal mines. The total number of coal producing enterprises in China will be restricted to 8,000 units within the current year, with an average coal production capacity of 450,000 mt per year.


Similar articles

ArcelorMittal sees lower net profit and sales revenues in Q1

02 May | Steel News

Import scrap prices in India down slightly as mills moderate buying

02 May | Scrap & Raw Materials

Turkish scrap imports up 7.8 percent in January-March

02 May | Steel News

Daily iron ore prices CFR China - April 30, 2024

30 Apr | Scrap & Raw Materials

Raw Material Suppliers at IREPAS: General market mood hopeful for improvement

30 Apr | Steel News

India’s JSW Steel and Japan’s JFE team up to bid for stake in Australian coal mine

30 Apr | Steel News

Somanath Tripathy at IREPAS: India’s total scrap consumption to increase to 35.6 million mt in 2024

29 Apr | Steel News

Daily iron ore prices CFR China - April 29, 2024

29 Apr | Scrap & Raw Materials

Roman Perepelytsia at IREPAS: Steel consumption in Ukraine approaches pre-war levels

29 Apr | Steel News

Silicomanganese prices in local Chinese market - week 18, 2024

29 Apr | Scrap & Raw Materials