15
May
02:29
Baosteel seeks to cooperate on overseas mines
China’s Baosteel has expressed its willingness to invest in raw materials markets and cooperate with overseas mines, in response to rising iron ore prices. The company raised the issue during its first-quarter results’ presentation monitored by Kallanish.
Baowu Group's annual steel production is close to 100 million tonnes/year, and its iron ore purchasing volume is around 160 million tonnes, with Baosteel accounting for a large part…
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Anonymous
Very good overview of the weekly steel market.
Anonymous