China Butt Weld Fittings manufacturer

TOBO GROUP  

TOBO International Trading(Shanghia)Co.,Ltd       Tianda Oil Pipe Co., Ltd

TOBO Pipeline Equipment Co.,Ltd        TPCO & TISCO Pipe(Tianjin)Co.,Ltd.                        

News

September 28, 2017

Central SOEs Beat Steel and Coal Capacity Cut Goals

Central SOEs Beat Steel and Coal Capacity Cut Goals

04:45 PM(GMT +8 latest company news about Central SOEs Beat Steel and Coal Capacity Cut Goals  0)
 
 

SHANGHAI, Sept. 28 (SMM) – Central state-owned enterprises (SOEs) have cut more steel and coal capacity than the central government has ordered last year and in January-August this year.

In 2016, steel and coal capacity cut by central SOEs took up 80% and 73%, respectively, of total cuts nationwide.

In January-August 2017, central SOEs slashed another 16.14 million tonnes of steel capacity and 55.10 million tonnes of coal capacity.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

 
Contact Details