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[Ferro-Alloys.com] New capacity will be strictly prohibited in the steel sector in Jilin, Development and Reform Committee of Jilin Province published a notice recently.

 

The notice was to consolidate the progress of the supply-side structural reform, to speed up the high-quality development of the iron and steel industry, to adapt to new changing situation requires better and strictly prohibit new capacity in the steel sector.

 

Relevant regulations should be carried out strictly and record of new iron and steel smelting capacity projects under any name should be forbidden, according to the notice. Meanwhile, they will improve the report-response mechanism, explore effective mechanism which could identify irregularity action actively, seriously investigate and deal with any behaviors violate law and regulations, implement responsibility of each relevant department. （Translated by editor）