SHANGHAI, Sept. 14 (SMM) – The National Development and Reform Commission (NDRC) and Ministry of Industry and Information Technology (MIIT) must thoroughly check whether all “Ditiao steel” capacities have been eliminated, Chinese Premier Li Keqiang said during the State Council meeting yesterday.
"Ditiao steel” is a Chinese name for low-quality steel produced in intermediate frequency furnace with steel scrap as raw material.
Once found, relevant personnel shall be held accountable. China will make sure eliminated “Ditiao steel” capacities do not come back online.
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.
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