According to an announcement released by the leading office aimed at eliminating overcapacity in iron, steel and coal industries in Hebei province, capacity reduction reached 14.01 million tons in 2018. There were a total of 30 coal mines which underwent capacity elimination, including mines in Kailuan Group Linnancang Mining Branch.
It is reported that Hebei province will unswervingly carry on the work of capacity reduction for the next three years and implement “432511” Project. That is to say, Hebei province will phase out 40 million tons of steel capacity, 30 million tons of coal capacity, 23 million weight cases of plate glass, 5 million tons of cement, 10 million tons of coke, as well as 1.5 million kilowatt hours of thermal coal generation.
(To contact the reporter on this story: fiorina.fei@steelhome.cn or 86-5552238927) |