Hebei Handan over fulfils tasks of steel, coal, thermal power and other capacity removals ahead of schedule
2017-09-15 17:55:27 [Print]
It is reported that as of the end of August, Handan has completed removing excessive capacities of steel, coal, coke and thermal power for 2017 with capacity down by 4
At the end of August, Wuhan Dongshan and Guangyao removed capacity of 2.43 million tons for iron and 2 . 65 million tons for steel after obtaining trading subsidies of more than RMB2 . 3 billion . According to sources, output reduction and updating projects were conducted mainly in Jinan Steel, Yongyang Special Steel, Xinxing Ductile, Baoxin Iron and Steel, etc . in this province . After the completion of the four projects, capacity can be removed by 1 . 42 million tons for iron and 1 . 16 million tons for steel . With investment of RMB8 billion, Yongyang Special Steel restructured with other 8 steel enterprise in Hadan and removed to Yongnian Special Steel Industrial Park . The Phase I project has been completed with iron capacity down by 290,000t and steel capacity of 300,000t.
. 84 million tons for iron making and 3 . 54 million tons for steel making, respectively higher by 160,000t and 1 . 54 million tons compared with the tasks in this province; 4 mines were shut down with capacity reduction of 1 . 87 million tons, over fulfilling the tasks of 120,000t in the province; 10 coke furnaces were closed with coke capacity reduced by 3 . 5 million tons, higher by 700,000t compared with the provincial task; 11 units have been shut down in the thermal power industry, also over fulfilling the provincial task.
At the end of August, Wuhan Dongshan and Guangyao removed capacity of 2.43 million tons for iron and 2 . 65 million tons for steel after obtaining trading subsidies of more than RMB2 . 3 billion . According to sources, output reduction and updating projects were conducted mainly in Jinan Steel, Yongyang Special Steel, Xinxing Ductile, Baoxin Iron and Steel, etc . in this province . After the completion of the four projects, capacity can be removed by 1 . 42 million tons for iron and 1 . 16 million tons for steel . With investment of RMB8 billion, Yongyang Special Steel restructured with other 8 steel enterprise in Hadan and removed to Yongnian Special Steel Industrial Park . The Phase I project has been completed with iron capacity down by 290,000t and steel capacity of 300,000t.