SHANGHAI, Sept. 5 (SMM) – Yunnan Province issued a notice on September 4 to push for elimination of outdated aluminum and steel capacity.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