30
Aug
08:44
Angang purchases iron quotas for capacity expansion
Anshan Iron & Steel (Angang) has signed a contract with three steelmakers in Liaoning for purchasing 550,000 tonnes/year of iron capacity quotas, Kallanish notes. This will allow Angang to meet its strategic needs and capacity expansion after the merger with Benxi Iron and Steel.
These quotas will be provided by Liaoning Penghui Casting Co and Liaoning Qiandu Industrial Development Group. They represent the remaining quotas that Liaoyang United Steel has …
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Anonymous
Very good overview of the weekly steel market.
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