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Home > News > Valuable News > Heavy weight! The state will verify the capacity of each steel enterprise

Heavy weight! The state will verify the capacity of each steel enterprise

ECHEMI 2020-03-04

In order to consolidate the achievements of capacity reduction in the iron and steel industry, recently, the national development and Reform Commission, the Ministry of industry and information technology and the National Bureau of Statistics jointly issued the notice on the investigation and verification of capacity and output in the iron and steel industry, which requires the investigation and verification of the equipment capacity and changes of the iron and steel enterprises in the past three years, and explain the situation.

 

The main content of the survey: fill in the questionnaire on capacity, output and fixed asset investment of iron and steel enterprises with legal entity enterprises as the unit; and explain the capacity, output and fixed asset investment of iron and steel enterprises. The reasons should be analyzed for the changes in the capacity of iron and steel enterprises since 2016, the year-on-year growth of the output from January to September 2019 by more than 10%, and the annual capacity utilization rate from January to September 2019 by more than 100%.

 

Reporting time and object: after being sealed by SASAC of all regions and the State Council before November 29, 2019, the report shall be submitted in quadruplicate to the inter ministerial joint meeting office of the iron and steel and coal industry for solving overcapacity and overcoming difficulties. Purpose: to provide basis for consolidating and dissolving excess capacity of iron and steel and scientific decision-making.

 

Sponsor: General Office of the development and Reform Commission of the State Council, general office of the Ministry of industry and information technology, office of the National Bureau of Statistics. There is no need to explain the reasons for this. In recent years, driven by the supply side structural reform of the state, the profits of the iron and steel industry have improved significantly. At the same time, despite repeated orders from state ministries and commissions not to add new steel production capacity, there are endless voices of steel enterprises illegally building and expanding capacity, or illegally expanding capacity in the name of replacement. At this time, the national ministries and commissions launched an investigation and verification, which is necessary to consolidate the achievements of steel capacity reduction and avoid the revived steel industry falling into the mire of 2015 again.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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