摘要
Outdated Capacity to Be Eliminated The iron and steel capacity has reached 660 million tons in China, but the actual market requirement is only 470 million tons, so the excess-capacity is 190 million tons. National Development and Reform Commission of China declared the new capacity and expansion capacity in iron and steel industry will not be authorized. 400 m^3 or below blast furnaces and converters and 30 t or below electric furnaces will be eliminated by the end of 2011.
Outdated Capacity to Be Eliminated The iron and steel capacity has reached 660 million tons in China, but the actual market requirement is only 470 million tons, so the excess-capacity is 190 million tons. National Development and Reform Commission of China declared the new capacity and expansion capacity in iron and steel industry will not be authorized. 400 m^3 or below blast furnaces and converters and 30 t or below electric furnaces will be eliminated by the end of 2011.