China expects to cut 150 million tons of steel production capacity two years ahead of schedule
2018-12-28 17:39:21 [Print]
Miao Wei, the minister of Ministry of Industry and Information Technology, said at the National Conference on Industry and Information Technology held on December 27th that the target of cutting 150 million tons of iron and steel production capacity in "13th Five-Year" plan is expected to be achieved at the end of the year, which would be two years ahead of schedule
. Besides, they will strictly investigate and crack down on the illegal resumption of production, reconstruction and production capacity improvement in primary aluminum, cement and plate glass industries.