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China's Hebei province to further cut steel, coal production capacity in 2020

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China's Hebei province to further cut steel, coal production capacity in 2020

China's top steelmaking province Hebei will further cut its steel production capacity by 14 million tonnes this year amid an ongoing industrial upgrading, state-run Xinhua News Agency reported Jan. 7, citing province Governor Xu Qin.

Speaking at the opening of the local legislative session, Xu also said Hebei plans to cut 6 million tonnes of coal capacity, 2 million tonnes of carbon coke capacity and 500,000 kW of coal-fired power supply this year.

As part of the country's supply-side structural reform, Hebei has eliminated 14 million tonnes of steel capacity and 10.1 million tonnes of coal capacity in 2019, according to the report.