Shanxi unveils adjustment and revitalization program on metallurgical industry
Post Date: 31 May 2009 Viewed: 926
The objectives of the program covering steel include:
1. Control overall output in the province. Pig iron and crude steel output should be restricted to 45 million tons and 40 million tons respectively annually.
2. Eliminate more than 20 million tons of outdated pig iron capacity and 16 million tons of steel capacity by the end of 2011.
3. Build large backbone steel bases centering on Taiyuan, Changzhi, Yuncheng, Linfen and Lvliang.
4. Taiyuan Steel is striving to have a capacity of over 20 million tons by 2011 and 30 million tons by 2015. Its presence in the local steel market will be increased to 75 percent from current 25 percent.
5. Make the level of main facilities domestically advanced;
6. Optimize products structuring;
7. Enhance the level of energy conservation and emissions reduction.