China’s Shandong Province eliminated 6.75 million mt of low-grade construction steel in 2017, at a total of 37 steel companies, as announced by Shandong Development and Reform Commission.
Shandong Province eliminated 5.27 million mt of crude steel production capacity and 1.75 million mt of pig iron capacity in the January-September period of 2017, achieving its capacity elimination targets for the full year ahead of schedule, as previously announced by Shandong Economic and Information Technology Committee.