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Ferrosilicon Daily Express 1.9

  • Thursday, January 9, 2020
  • Source:ferro-alloys.com

  • Keywords:Ferrosilicon futures spot
[Fellow]Hebei province, China's leading producer of iron and steel, will continue with huge overcapacity cuts in 2020 amid an ongoing industrial upgrading, its governor Xu Qin announced Tuesday.

[Ferro-Alloys.comHebei province, China's leading producer of iron and steel, will continue with huge overcapacity cuts in 2020 amid an ongoing industrial upgrading, its governor Xu Qin announced Tuesday.

The province plans to cut production capacity of steel and iron by 14 million tons this year, Xu said when delivering a government work report at the opening of the local legislative session.

North China's Shanxi Province reduced its coal production capacity by 18.95 million tonnes by closing 18 coal mines in 2019.

As the coal-rich province seeks greener growth, over the past four years, the province has cut nearly 116 million tonnes of coal production capacity by shutting down 106 coal mines.

Israel's largest power plant will be largely converted from coal to natural gas production by 2022, the state's Ministry of Energy announced Tuesday.

This is part of the Ministry's decision to completely stop the use of coal in Israel by 2025.

  • [Editor:kangmingfei]

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