20 steel mills in Chongqing to further remove capacity by 3 million tons in 2017

According to the introduction of Chongqing Commission of Economy and Information Technology on April 18th, after the exiting of the capacity of 24 steel mills in 2016, there are still 20 steel mills in Chongqing which will further remove the capacity by nearly 3 million tons in 2017.

In accordance with the related introduction, 24 steel enterprises including Chongqing Yuxi Steel Trade Co., Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright, Chongqing Pengcheng Steel Co.Asian Metal Copyright In accordance with the related introduction, 24 steel enterprises including Chongqing Yuxi Steel Trade Co.Asian Metal Copyright, Ltd.Asian Metal CopyrightAccording to the introduction of Chongqing Commission of Economy and Information Technology on April 18th, after the exiting of the capacity of 24 steel mills in 2016, there are still 20 steel mills in Chongqing which will further remove the capacity by nearly 3 million tons in 2017.Asian Metal Copyright and others located in Yongchuan, Jiangjin, Bishan and other areas successively exited the capacity of iron and steel in 2016 with over 120 intermediate frequency furnaces and other smelting equipments being removed in total.

“Based on related requirements on dissolving excess capacities in iron and steel industry, Chongqing formulated the de-capacity target of iron and steel industry of 2017,” a source from Chongqing Commission of Economy and Information Technology said, adding that 20 steel enterprises including Chongqing Zuhang Iron and Steel Co., Ltd.Asian Metal Copyright and others located in Dazu, Yongchuan, Dianjiang and other areas are in the list of de-capacity in 2017 with the de-capacity target of 2.Asian Metal Copyright, Chongqing Jinjinfeng Industry Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright, Chongqing Pengcheng Steel Co.Asian Metal Copyright and others located in Dazu, Yongchuan, Dianjiang and other areas are in the list of de-capacity in 2017 with the de-capacity target of 2.Asian Metal Copyright, Chongqing Jinjinfeng Industry Co.Asian Metal Copyright8917 million tons.Asian Metal Copyright, Ltd.Asian Metal Copyright Related regulation on De-capacity Work and Duty of Iron and Steel Industry indicated that enterprises in the list of de-capacity should dismantle main equipments of production lines, transformers, dust exhaust hood, operating platform and other equipments before April 20th.

.Asian Metal CopyrightAccording to the introduction of Chongqing Commission of Economy and Information Technology on April 18th, after the exiting of the capacity of 24 steel mills in 2016, there are still 20 steel mills in Chongqing which will further remove the capacity by nearly 3 million tons in 2017Asian Metal Copyright