China to cut another 30 mln t steel capacity in 2018

Source: Mysteel Mar 05, 2018 18:36

China will continue to eliminate ineffective supply of key industrial commodities such as steel and coal by trimming another 30 million tonnes/year of steel capacity and approximately 150 million t/y of coal capacity in 2018, Li Keqiang, Premier of the State Council, told delegates attending the 13th National People's Congress in Beijing on March 5.

China will continue to eliminate ineffective supply of key industrial commodities such as steel and coal by trimming another 30 million tonnes/year of steel capacity and approximately 150 million t/y of coal capacity in 2018, Li Keqiang, Premier of the State Council, told delegates attending the 13th National People’s