Metals News
MIIT: Strictly Prohibit Newly-increased Steel Capacity in 2018
industry news

SHANGHAI, Nov.17 (SMM)-Ministry of Industry and Information Technology and National Development and Reform Commission has a meeting with China Iron and Steel Association, clarifying several work plans in 2018. The first is to implement the Advice of State Council on Resolving Excessive Capacity in Steel Industry, promoting DE-capacity of steel industry. The second is to build a sound working mechanism to prevent resurgence of those illegal steel plants. The third is to urge local government to implement capacity replacement and strictly prohibit newly-increased steel capacity.

The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.

For queries, please contact Frank LIU at
For more information on how to access our research reports, please email
Related Price

No Data