The Ministry of Industry and Information Technology: the steel industry in the first quarter of the comprehensive utilization rate of production capacity restored to about 80% of a reasonable range
Release time : 2020-01--17
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On April 25, the State Information Office held a briefing on the development of the industrial communications industry in the first quarter of 2018.
Huang Libin, head of the Ministry of Industry and Information Technology's Operation and Monitoring Coordination Bureau and spokesman, said that the task of reducing steel production capacity by 30 million tons this year has been decomposed and implemented, the relocation of hazardous chemical production enterprises has been accelerated and started, and the work of resolving overcapacity in industries like cement, flat glass and electrolytic aluminum has been steadily progressed. The effectiveness of production capacity is in the continued consolidation, the integrated utilization rate of the steel industry in the first quarter returned to about 80% of the reasonable range.
