Shanxi restricts coke projects for five years
SteelOrbis Shanghai A person from Shanxi Coke Association said that Shanxi province decided not to approve any new coke projects within five years. The oversupply of coke led to a decline in coke prices. In order to get the overcapacity under control, Shanxi province will close small coke mines, re-form the medium sized ones and establish large scale coke mines during the 11th Five Year Plan. At the same time, the provincial government has ordered the existing coke enterprises to get back and re-use coke tar in order to fully utilize the resources, to improve the efficiency and reduce the pollution to the environment.
Tags:
Similar articles
Romanian flats spot prices stable amid low demand, Liberty Galati auction unsuccessful
19 Jun | Flats and Slab
Global View on HRC: Some small price rises in select markets despite weak demand
19 Jun | Flats and Slab
Global View on Billet: Prices almost stable, market awaits decline with Iran’s possible return
19 Jun | Longs and Billet
Turkish merchant bar export prices stable ahead of new European quota round
19 Jun | Longs and Billet
Import HRC offers in Vietnam show tentative rise, rare deals only done at lower levels
19 Jun | Flats and Slab