OREANDA-NEWS. December 13, 2011. The Shandong government will push ahead with the reform of optimizing and adjusting industry distribution while establishing high quality steel base and low carbon economy demonstration along the coastal area.

By the end of 2015, the government will try to limit local steel output to 50 million tons, increase the proportion of steel-making capacity in the coastal region to more than 43 percent relative to total output, and that of high-end steel items to over 30 percent.

The number of local steel mills will be reduced to five or six from today.