Core Viewpoint - The Ministry of Industry and Information Technology has revised the "Implementation Measures for Capacity Replacement in the Steel Industry" to promote high-quality development and balance market supply and demand, with a focus on reducing and optimizing existing production capacity [1]. Group 1: Policy Changes - The revised measures prohibit the construction or expansion of steel smelting projects outside compliant parks in the Yangtze River Economic Belt [1]. - New steel production capacity is strictly forbidden in key areas, and the transfer of steel capacity from non-key areas to key areas is also prohibited [1]. - Provinces with clear steel capacity control targets are not allowed to accept steel capacity transfers from other regions [1]. Group 2: Capacity Replacement Ratios - The capacity replacement ratio for iron and steel production in all provinces (regions, municipalities) must be no less than 1.5:1 [1]. - For newly acquired compliant capacity through mergers and acquisitions after June 1, 2021, the capacity replacement ratio must be no less than 1.25:1 [1].
工业和信息化部:重点区域严禁新增钢铁产能总量
Xin Hua Cai Jing·2025-10-24 14:38