In order to consolidate the de-capacity results of the steel industry, the National Development and Reform Commission, the Ministry of Industry and Information Technology and the National Bureau of Statistics jointly issued the “Notice on Doing a Good Job in the Investigation and Verification of the Production and Production of the Steel Industry”, requesting the equipment production capacity of the steel companies for the past three years. The situation is investigated and verified, and the situation is explained. The China Metallurgical News and China Steel News Network Xiaobian have verified with the relevant personnel of the Ministry of Industry and Information Technology that the document has indeed been issued. The main contents are as follows:
1. The main content of the survey: a report on the “Investment in Production Capacity, Output and Fixed Assets of Iron and Steel Enterprises”, and a description of the production capacity, output and fixed assets investment of iron and steel enterprises. The capacity of steel companies has changed since 2016, and the output of January-September 2019 has increased by more than 10% year-on-year. The annualized capacity utilization rate of more than 100% from January to September 2019 should be analyzed.
2. Time and object of reporting: All regions and the State-owned Assets Supervision and Administration Commission of the State Council shall, after stamping before November 29, 2019, report to the Office of the Inter-Ministerial Meeting of the Iron and Steel Industry to Resolve the Excessive Capacity and Work for Development.
3. Purpose of the survey: To consolidate and resolve the results of steel overcapacity and provide a basis for scientific decision-making.
4. Initiating units: the General Office of the Development and Reform Commission of the State Council, the General Office of the Ministry of Industry and Information Technology, and the Office of the National Bureau of Statistics.
Post time: Nov-21-2019