14
Dec
10:22
Baowu begins iron ore output expansion
China Baowu’s Baosteel Resources has begun work on expanding output at its Luohe Iron Mine, Kallanish notes. The mine is located in Luohe Town, Anhui province.
The company plans to invest CNY 700 million ($107m) into the capacity expansion project, with construction expected to last three years. After commissioning, it will have the ability to produce 1.563 million tonnes/year of magnetite refined iron ore, 143,800 t/y of hetero-iron ore and 586,000 t/y of s…
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Anonymous
Very good overview of the weekly steel market.
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