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China to ban new steel project expansions in 2019-The 20th China (Guangzhou)Int’l Fastener & Equipment Exhibition
1/11/2019  紧固件展-紧固件采购会-国际紧固件展-fastener expo
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    Reuters reported that Miao Wei, minister of industry and information technology told the official Xinhua agency in an interview that China will strictly prohibit the expansion of new iron and steel projects in 2019. He also said “The capacity expansion ban would also apply to the cement and flat-glass industries, which were already subject to restrictions in 2018, while newly added primary aluminium capacity would continue to be strictly controlled.”

The State Council, China''s cabinet, said in June it would ban new capacity for steel, coke and primary aluminium in some key areas, including the Beijing-Tianjin-Hebei and Yangtze River Delta regions, but Miao did not say on Thursday if the ban he mentioned would have limited geographical scope.

China will support key regions in cutting steel capacity further this year, he said, pledging deeper supply-side reform in industrial sectors. 紧固件展-2019第二十届广州国际紧固件及设备展览会-巨浪展览 -The 20th China (Guangzhou)Int’l Fastener & Equipment Exhibition - Fastener exhibition,2019 Fastener exhibition, China Fastener exhibition, Guangzhou Fastener exhibition, 2019 Fastener expo, China Fastener expo, Guangzhou Fastener expo
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