Chongqing eliminates outdated capacity in iron & steel and coal sectors
2018-06-15 09:07:02 [Print]
On 8 June, Chongqing Municipal Commission of Economy and Information Technology released the updates for eliminating outdated industrial capacity of iron & steel and coal sectors in Chongqing during 2016 and 2017
. For iron & steel sector, 5,167,500t of crude steel and 108,000t of pig iron were eliminated in 2016, achieving target of 2016; 2,891,700t of substandard steel from 20 suppliers were cracked down in 2017 . For coal sector, ten coal mines were shut down and capacity of 2,640,000t was cut in 2017, overfulfiling the national target of cutting 2,300t of coal capacity in three years in Chongqing one year in advance.