China by 2015, plans to reduce the number of steel companies to 100. It is reported by Metal Bulletin. Reducing the number of metals plants in the country is part of a government plan to restructure the steel industry. It is assumed that China will close all steel companies in the south and southwest of the country. The production will be concentrated in the north, northeast and east China. Recall that the Chinese steel industry in February 2011 compared with February 2010 increased the volume of steel production by 9,7%. According to estimates in a given period in the country of 54.3 million tons of smelted metal. Since the beginning of the year China produced 114.2 million tonnes of crude steel, up 13% over the same period last year. According to experts China Iron & Steel Association, steel demand in the Chinese market over the next 5 years will grow by 2,6-4,6% per year. Prior to 2015, demand for the metal in the country will reach 670-750 million tons per year. Earlier in the Ministry of Technology, Industry and Information of China reported that the volume of steel production in China in 2011 will increase to 660 million tons, which will be a new record for the country. Ministry of Industry
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