ˇˇˇˇBEIJING, March 31 (Xinhuanet) -- The Capital Steel Group, one of the major
polluters in Beijing, the host city of the 2008 Olympic Games, has further
sacrificed its capacity by closing down its last converter for reducing
pollution, according to company sources.
ˇˇˇˇTo date, the steel complex has reduced its steel production capacity by 2
million tons. Its annual production capacity now stands at 6 million tons.
ˇˇˇˇMore steel and coke manufacturing facilities are expected to beclosed this
year.
ˇˇˇˇThe company is building a new industrial area in Qian'an, in neighboring
Hebei Province, with a yearly steel output of 2 million tons.
ˇˇˇˇThe company has also been setting up a series of new productionlines to
improve the structure of its products to meet market demands.
ˇˇˇˇMeanwhile, it is trying hard to create new jobs for laid-off factory
workers. Enditem