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China's MIIT sets 2013 outdated steel capacity elimination target at 6.98 mln T
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Date:[7/29/2013] Source:Shandong Hai Steel Co.,Ltd
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China's MIIT sets 2013 outdated steel capacity elimination target at 6.98 mln T
China aims to close 6.98 mln tonnes of outdated steel capacity in a total of 24 steel companies this year, and will also wipe out 2.77 mln tonnes of outdated iron making capacity in nine plants, according to a statement released Thursday by China's Ministry of Industry and Information Technology (MIIT), the country's industry watchdog.
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