Clampdown on ferroalloys output will hit small players
Dec 21, 2007 | 07:26 AM
The Chinese government plans to raise the threshold for permitted ferroalloys production capacity as it tightens up regulations in an effort to discipline the industry by eliminating smaller players.
Electric-arc furnaces with a ferroalloy capacity between 5,000 kilovolt amperes and 6,300 kva must be put out of action by the end of 2008, while all 6,300-kva furnaces must be phased out by the end of 2010, according to a new edict from the National Development and Reform Commission (NDRC).....
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