Exited coal production capacity is 3.4 million tons and the task is completed

Time:2018-10-16 17:06:17      Source:cctdcoal.com
In the first three quarters’ performance conference of central enterprises, the spokesman of SASAC (State-owned Assets Supervision and Administration Commission) expressed that central enterprises have undertaken 80% of the task of cutting steel overcapacity and 70% of the task of cutting coal overcapacity.
 
Central enterprises have exited 16 million tons of steel production capacity and 62 million tons of coal production capacity from 2016 to 2017. Moreover, central enterprises have exited 3.4 million tons of coal production capacity in the half year of 2018, and the task of cutting steel overcapacity has been fully completed.

Index RMB/t DoD Basis Date
Datong 5500 450 0 ex-mine 06-13
Shuozhou 5200 435 0 FOR 06-13
Ordos 5500 415 0 ex-mine 06-13
Yulin 6200 535 0 ex-mine 06-13
Liulin Low-sulphur 570 0 ex-mine 06-13
Gujiao Low-sulphur 1095 0 FOR 06-13
Xingtai Low-sulphur 1210 0 ex-Factory 06-13
Yangquan PCI 770 0 FOR 06-13
Index RMB/t WoW WoW% Date
Qinhuangdao 620.0 -38.0 -5.78 06-12
Caofeidian 528.0 -39.0 -6.88 06-12
Huanghua 178.3 -12.0 -6.31 06-12
Guangzhou 290.0 13.0 4.69 06-12
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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