It is strictly forbidden to add steel capacity for any reason this year

For steel prices due to price increases caused the expansion of the impulse, the Ministry of industry and information technology industrial raw materials company recently issued a document stressed that 2018 will continue to firmly grasp the iron and steel production capacity to work, and strive to advance the completion of the 13th Five-Year target ceiling to capacity, prohibited to add iron and steel production capacity.

In 2017, under the joint efforts of relevant departments, local organizations, associations and enterprises, the development environment of the iron and steel industry was constantly improved. From January 2017 to November, the main business revenue of ferrous metal smelting and calendering plus industry increased by 5 trillion and 656 billion 470 million yuan, up 20% compared to the same period last year, and realized a profit of 313 billion 880 million yuan, an increase of 180% over the same period last year.

According to the Ministry of raw material of iron and steel company director Xu Wenli introduced two years ago, in 13th Five-Year, to complete the steel production capacity has more than 1.15 tons, 1.5 tons from the 13th Five-Year ceiling, with tens of millions of tons of scale.

In order to achieve the above objectives, the Ministry of industry and information said that the weak links in the work should be combed to ensure that the backward production capacity should go to the end. Specific measures include the establishment of long-term mechanism to combat steel, and resolutely prevent a stirring among the dry bones. To urge local areas to handle zombie enterprises, unswervingly to remove inefficient production capacity. We should do a good job of capacity replacement audit and strictly prohibit adding steel capacity for any reason. To strengthen the guidance and supervision of local work, to ensure the completion of the task of achieving the goal of production capacity, and to create a good environment for the development of the steel industry.

In 2018, the Ministry of industry and information will continue to do a good job in layout optimization and fair market environment creation. Systematically study supporting policies and measures to support the development of EAF steel, carry out steel and coking industries, standardize enterprise dynamic management and promote standardized operation of enterprises. We should strengthen the analysis and Research on the problems of the tendencies and tendencies, and bring together all the forces to safeguard the fairness and stability of the steel market.

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Post time: Feb-22-2018
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