SASAC: the task of cutting steel and coal production capacity has be completed

Time:2020-01-16 10:43:49      Source:CCTDCOAL
On January 15, the Press Office of the State Council held a press conference on the economic performance of central enterprises in 2019.
 
Peng Huagang, a spokesman for the SASAC(State-owned Assets Supervision and Administration Commission), said that in 2019, the supply-side structural reform continues to deepen and the reduction of outdated capacity has be completed ahead of schedule, reducing the number of legal entities by more than 14,000. The relevant units have completed the task of cutting overcapacity in steel and coal.

Index RMB/t DoD Basis Date
Datong 5500 700 0 ex-mine 05-04
Shuozhou 5200 680 0 FOR 05-04
Ordos 5500 700 0 ex-mine 05-04
Yulin 6200 780 0 ex-mine 05-04
Liulin Low-sulphur 900 0 ex-mine 05-04
Gujiao Low-sulphur 1770 -50 FOR 05-04
Xingtai Low-sulphur 2360 0 ex-Factory 05-04
Yangquan PCI 1280 -30 FOR 05-04
Index RMB/t WoW WoW% Date
Qinhuangdao 507.0 1.0 0.20 05-04
Caofeidian 541.0 9.0 1.69 05-04
Huanghua 216.9 12.4 6.06 05-04
Guangzhou 291.2 3.0 1.04 04-27
coastal 6PPs 1629.8 44.7 2.82 07-02
North Ports 2697.8 53.0 2.00 02-01
Yangtze River delta 1242.5 -74.7 -5.67 02-01
South Ports 2233.4 -216.0 -8.82 02-01
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