Central SOEs Beat Steel and Coal Capacity Cut Goals

Sep 28, 2017 16:45

Source:SMM

Central state-owned enterprises (SOEs) have cut more steel and coal capacity than the central government has ordered last year and in January-August this year.

SHANGHAI, Sept. 28 (SMM) – Central state-owned enterprises (SOEs) have cut more steel and coal capacity than the central government has ordered last year and in January-August this year.

In 2016, steel and coal capacity cut by central SOEs took up 80% and 73%, respectively, of total cuts nationwide.

In January-August 2017, central SOEs slashed another 16.14 million tonnes of steel capacity and 55.10 million tonnes of coal capacity.

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.

china steel capacity

china steel cuts

For queries, please contact William Gu at williamgu@smm.cn

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

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Central SOEs Beat Steel and Coal Capacity Cut Goals

SMM Events & Webinars

2024 SMM Middle East Secondary Metal Field Trip

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo