Hebei to Accomplish All Capacity Elimination Targets by September

SHANGHAI, Aug. 18 (SMM) – Hebei aims to complete all capacity elimination targets before the end of September, according to a press conference held by Hebei government on August 16.

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During the first seven months of 2017, Hebei cut 12.26 million tonnes of puddling capacity and 10.53 million tonnes of steelmaking capacity, completing 75.5% and 67.4% of annual target. Cement capacity was slashed by 1.60 million tonnes, 45.5% above target. Sheet glass capacity was cut by 2.60 million weight cases to meet 52.0% of annual capacity. 

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