Apr 20, 2021 04:07 AM (GMT+8) · EqualOcean
The new version of "implementation measures for capacity replacement of iron and steel industry" has completed the stages of soliciting opinions and revising, and is now going through the final process. This means that since the suspension of China's steel capacity replacement and project filing work for one and a half years in early 2020, steel capacity replacement will start again. An authoritative person said that at present, some deep-seated contradictions in the iron and steel industry have not been fundamentally solved. Capacity replacement is an important means to realize the organic combination of new capacity and structural adjustment, which will help to implement a new round of "de capacity" in China, guide China's steel enterprises to optimize capacity deployment and adjust regional layout.