Chinese state-owned companies required to continue to cut steel and coal overcapacities

At the meeting Chinese government held on October 9 on reform of state-own companies, state-owned companies were required to continue to focus on the structural reform of the supply front.Asian Metal Copyright .Asian Metal Copyright To be specific, state-owned companies should continue to cut steel, coal and coal-fuelled electricity overcapacities, to handle properly and quickly issues left over from history, to gear up structural transition, to enhance self-renovation capacity, and to adopt measures to cut their leverages and debts.
.Asian Metal CopyrightAt the meeting Chinese government held on October 9 on reform of state-own companies, state-owned companies were required to continue to focus on the structural reform of the supply frontAsian Metal Copyright