According to the steel industry policy requirements of Hebei Province, all the steel production capacity of Xingang in Wen'an County, Hebei Province has been withdrawn. According to the latest news, the enterprise officially stopped production on the 29th.          

 Wen'an Xingang iron and Steel Co., Ltd. has an annual production capacity of 2.7 million tons and mainly produces hot-rolled strip, which will affect the daily supply of hot-rolled strip Market by about 6000 tons.            

Langfang's four iron and steel enterprises, Xinli, Qianjin, Shengbao and Xingang, are among the top profits and taxes in the city. 10 million tons of steel means 5 billion yuan of output value and 5 billion yuan of profits and taxes. In spite of this, Langfang is determined to ban it in an all-round way with the determination and courage of a brave man. Last year, when the iron and steel industry improved significantly, Langfang shut down new profits and moved forward, withdrawing 9.14 million tons of iron and steel production capacity at one time, accounting for nearly 20% of the province's total reduction and withdrawal of iron and steel production capacity last year. In addition, Shengbao shut down and moved out 4 million tons (there is no exact information about the landing) and 3 million tons of new steel this time! Langfang city's 10 million tons of steel production capacity has all been withdrawn, and there will be no steel in the future! (From LGMI)