Starting from May 22nd, we will carry out special spot checks on iron and steel production capacity and banning “ground bar steel”.

Recently, the national development and Reform Commission announced an open report on the iron and steel industry to defuse excess capacity and prevent the resurgence of “ground steel”. The joint meeting of the inter ministerial meeting of the iron and steel industry to resolve excess capacity and poverty relief development was scheduled to be organized into 21 provinces from May 22, 2018 to June 15th. To carry out the special inspection of the iron and steel industry to resolve excess capacity and prevent the re emergence of “land and steel”.
The original text is as follows:
With the consent of the State Council, the interministerial meeting of the iron and steel industry to resolve excess capacity and poverty relief development (hereinafter referred to as “the inter ministerial joint meeting”) is scheduled to be organized from May 22, 2018 to June 15th to organize 8 spot check groups in 21 provinces (districts and cities) to carry out the iron and steel industry to dissolve surplus production energy and prevent the “ground bar steel” resurgence. Check.
The sampling area includes 21 provinces (districts and cities) such as Tianjin, Hebei, Shanxi, Inner Mongolia, Liaoning, Jilin, Heilongjiang, Jiangsu, Zhejiang, Anhui, Fujian, Jiangxi, Shandong, etc. The focus of the survey includes the prevention and recovery of the “land strip” and the recovery of overproduction of excess capacity, the elimination of backward production capacity, and the strict prohibit of increasing production capacity.

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Post time: May-22-2018
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