Qinghai invests RMB15 million to remove lag capacity

In order to accelerate the speed of eliminating lag equipments, technology, capacity. The Qinghai government set up a fund of RMB15 million yuan to encourage the enterprises that can finish the elimination task at time.

According to the news released by the Qinghai Provincial Finance Department, after the plan was launched, the province has successfully eliminated the submerged arc furnace applied in ferroalloy industry,  23 sets of smelting furnace, 17,000 tons of lag capacity and 2 machine shaft kiln production lines ect.

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