The Information Office of the State Council in January 30th held a press conference, a reporter asked, "how will the Ministry banned land of steel impact on the steel market in 2018 2017 China? What measures will be taken to consolidate the iron and steel production capacity to the results, at the same time on the use of scrap Steel Ministry for what consideration?"

Miao Wei, Minister of industry and information technology, said that because the steel and coal industry is the key area to push forward the structural reform of supply side in China, the attention of all sectors of society is relatively high. In accordance with the unified arrangements of the CPC Central Committee and the State Council, steel and coal to resolve the overcapacity and development from the inter ministerial joint meeting to seriously promote the steel industry production capacity, in 2016 on the basis of the work, determined to complete before the end of June 2017 to ban bar a crucial goal. Through the joint efforts of all sides, 1.4 tons of steel production capacity to complete clearing, hit the bar of the battle made decisive results. The exit of backward production capacity, has brought profound influence to the overall steel removing not only for China's iron and steel industry development, but also played an important role in the global steel market, prices rise. To put it another way, China's strong steel industry capacity has not only promoted the upgrading and upgrading of domestic industry, but also made important contributions to the international community, which has made the international steel industry widely benefit.

First, the market order is standardized, the phenomenon of bad currency expelling good money is effectively reversed. Two, the price of steel is gradually returned to a reasonable interval, and the benefit of the enterprise is obviously improved. The three is that the waste steel resources gradually flow into the regular enterprises, creating favorable conditions for the normal development of the electric furnace steel in China. The four is the obvious improvement in export order, while the export of steel has fallen sharply, and the export price has also recovered to a reasonable range. The five is to improve the quality of the product. Because of the quality of steel, the loopholes in the project of bean curd residue can be effectively prevented, and the people's life and property safety has been effectively guaranteed.

Miao Wei pointed out that this year, the Ministry of industry and Commerce will work with relevant departments to resolutely implement the central deployment requirements and unswervingly take the steel and iron production capacity into full play. In the work, we will further clarify the weak links, to ensure that the backward production capacity should be to try, and strive to advance to complete the "13th Five-Year" Yajian crude steel production capacity of 1.5 tons of on-line target. There are several measures: one is to establish long-term mechanism to combat land of steel, and resolutely prevent the ground of steel in this regard, a stirring among the dry bones, the central determination is big, but also a powerful measure. Two is to handle "zombie enterprises" as the grasp of the hand, unswervingly to remove inefficient capacity. Three is to urge all parts to do a good job replacement work, strictly prohibit new steel production capacity. The four is to strengthen the supervision and guidance of the local areas, to decompose and implement the iron and steel production capacity plan this year, and to ensure the goal of our year.