Home / Metal News / Yunnan to Eliminate All Unqualified Aluminum and Steel Capacities before End of 2017

Yunnan to Eliminate All Unqualified Aluminum and Steel Capacities before End of 2017

iconSep 5, 2017 11:46
Source:SMM
Yunnan Province issued a notice on September 4 to push for elimination of outdated aluminum and steel capacity.

SHANGHAI, Sept. 5 (SMM) – Yunnan Province issued a notice on September 4 to push for elimination of outdated aluminum and steel capacity.

Commerzbank Sees Growing Possibility of Corrections in Base Metals

According to the notice, capacities that do not meet safe production requirements shall undergo rectification. Capacities that still fail to meet safe production requirements after rectification before the end of this year shall be weeded out.

LME Base Metals Cash to 3-Month Backwardation/Contango (2017-9-4)

Besides, capacities that meet basic safe production requirements shall be subject to differential power tariffs, tiered power tariffs, punitive power tariffs and higher charges for excessive use of water.    

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
 

Yunnan
steel capacity
aluminum capacity

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news