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  • Xinjiang launches re-examination of excess steel capacity elimination

    2021-05-19 14:56:25   [Print]
    In order to implement supply-side structural reform, consolidate the results of capacity cut and promote steel industry restructuring and upgrading, Xinjiang recently announced the action plan for the re-examination of the elimination of excess iron and steel capacity for 2021.

    The plan specified that cities and regions in Xinjiang that are involved in the elimination of excess iron and steel production capacity, ban on substandard steel, report on steel-related illegal activities, and have crude steel smelting capacity since 2016 will all be inspected.

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