China's Top Steel Producing Province to Cut Capacity by 60 Million Tonnes
Mar. 7, 2013
China's top steel-producing province of Hebei plans to cut total capacity by 60 million tonnes, the provincial governor said on Thursday, in a move aimed at consolidating and cleaning up the chaotic sector, Reuters reports.
Hebei in northern China is thought to be responsible for about a fifth of the airborne pollutants that drift across the country's capital, Beijing, and bringing the province's ill-disciplined steel industry to heel is regarded as a key part of efforts to cut smog in the region.
"We want to reduce output by more than 60 million tonnes and through this our energy-saving and emission-cutting will greatly improve," Governor Zhang Qingwei told reporters on the sidelines of a meeting of the national parliament.
The steel sector is one of six major industries that will be targeted by the Ministry of Environmental Protection for "special emissions restrictions" beginning in April…