Zhu Jimin, president of Chinese steel giant Shougang Steel Group, has stated that the relocation program of the company is expected to be completed in 2020. Shougang Steel is currently being relocated to Caofeidian, Hebei Province.
Mr. Zhu also stated that Shougang Steel's old steel plant in Shijingshan, Beijing had completely stopped production last year. "In the next 10 years, the whole relocation program will be completed," he said.