OREANDA-NEWS. April 26, 2012. Last year, Guangxi eliminated the obsolete facilities of 10,000 tons for pig iron, 620,000 tons for steel and 102,000 tons for ferroalloy, meeting or outperforming the requirements by the central government.

Around 100 million yuan of incentive funds from both central and local governments were offered to ensure the effective withdrawal of outmoded facilities in the steel, ferroalloy, cement and paper industries.