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Vice president of China Steel Association: 30% of China's rolling equipment needs to be eliminated.
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Vice president of China Steel Association: 30% of China's rolling equipment needs to be eliminated.

[Abstract]:
Great wisdom ASDOCKS news agency August 22, China Steel Association vice president Zhang Changfu said that China's steel industry still has a large number of backward equipment, of which nearly 30% of
Great wisdom ASDOCKS news agency August 22, China Steel Association vice president Zhang Changfu said that China's steel industry still has a large number of backward equipment, of which nearly 30% of the rolling equipment is not up to the advanced level, Need to be modified or eliminated.
 
Zhang Changfu said that speeding up the elimination of backwardness is not only an effective measure to resolve overcapacity, but also an inevitable way to achieve industrial upgrading. At present, there are still a large number of backward steel equipment in China, especially the backward rolling equipment such as the rolling mill, the hot-rolled narrow strip mill, the horizontal small mill and the double-strand wire mill, which need to be eliminated.
 
He made the above statement on the “2013 (seventh) China Steel Raw Fuel Market Summit Forum hosted by China United Steel Network on the 22nd.