Hebei will reduce its steel production capacity by more than 20million tons during the year.
on the morning of March 8, Yuan Tongli, deputy to the National People's Congress and executive vice governor of Hebei Province, said that Hebei Province will reduce its steel production capacity and iron production capacity by more than 10million tons this year. This is twice as much as the "reduction of steel production capacity by more than 10million tons in the year" proposed by Governor Xu Qin in his government work report at the first session of the 13th National People's Congress of Hebei Province in January from November 1, 2017, indicating that the reduction of steel production capacity in Hebei Province will be strengthened
it is understood that the speed valve is adjusted appropriately according to the loading speed. In the past five years, Hebei Province has reduced the steel-making capacity by 69.93 million tons, iron making capacity by 64.42 million tons, cement capacity by 70.57 million tons, coal consumption by 44 million tons, and flat glass by 71.73 million weight boxes
in addition, he introduced that in the first two years, Hebei Province had cleared a total of 8 steel zombie enterprises, and the remaining 3 steel zombie enterprises were all cleared this year; Hebei will also support the merger and reorganization of enterprises, promote the reduction and relocation of urban steel mills, guide the transfer of the steel industry to coastal port areas, and "promote the orderly withdrawal of steel production capacity around the capital and ecologically sensitive areas"
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