Edition: English | 中文简体 | 中文繁体 Монгол
Homepage > Biz Video

NDRC: steel & coal industries advanced in overcapacity reduction


10-13-2016 11:23 BJT

China's top economic planners says the steel and coal industries advanced relatively in overcapacity reduction at the end of September. The National Development and Reform Commission says the figures will be verified and released soon.

Coal prices went up as production decreased, and this has boosted market confidence and eased deflation pressure. Electricity and steel supply appears to be tight. As it's time to store winter coal supplies, it's crucial to maintain supply while reducing overcapacity and keep the price in a reasonable range.

The NDRC says meetings will be held to analyse the current supply and demand situation of coal, and to provide targeted measures.

Follow us on

  • Please scan the QR Code to follow us on Instagram

  • Please scan the QR Code to follow us on Wechat