Announcement on capacity replacement Scheme of Iron and Steel smelting Project in Zhongxin Iron and Steel Group Co., Ltd.-Shanghai Metals Market

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Announcement on capacity replacement Scheme of Iron and Steel smelting Project in Zhongxin Iron and Steel Group Co., Ltd.

Translation 11:17:53AM Jun 05, 2019 Source:Department of Industry and Informatization of Jiangsu Province

SMM News: in accordance with the relevant requirements of the "guiding opinions of the State Council on resolving the contradiction of serious overcapacity," the "opinions of the State Council on resolving excess capacity in the Iron and Steel Industry to realize the Development of extricating itself from difficulties," and the relevant requirements of the "measures for the implementation of capacity replacement in the Iron and Steel Industry," Our office announced the capacity replacement plan of the iron and steel smelting project of Zhongxin Iron and Steel Group Co., Ltd from May 20 to May 27, 2019, and no written objection materials were received during the publicity period. The plan is hereby announced and the supervision of the public is welcome. Contact number 025 83398236 (business advice) and 025 69652843 (Office-based discipline Inspection Monitoring team).

Department of Industry and Informatization, Jiangsu Province, June 3, 2019

Announcement on capacity replacement Scheme of Iron and Steel smelting Project in Zhongxin Iron and Steel Group Co., Ltd.

Translation 11:17:53AM Jun 05, 2019 Source:Department of Industry and Informatization of Jiangsu Province

SMM News: in accordance with the relevant requirements of the "guiding opinions of the State Council on resolving the contradiction of serious overcapacity," the "opinions of the State Council on resolving excess capacity in the Iron and Steel Industry to realize the Development of extricating itself from difficulties," and the relevant requirements of the "measures for the implementation of capacity replacement in the Iron and Steel Industry," Our office announced the capacity replacement plan of the iron and steel smelting project of Zhongxin Iron and Steel Group Co., Ltd from May 20 to May 27, 2019, and no written objection materials were received during the publicity period. The plan is hereby announced and the supervision of the public is welcome. Contact number 025 83398236 (business advice) and 025 69652843 (Office-based discipline Inspection Monitoring team).

Department of Industry and Informatization, Jiangsu Province, June 3, 2019