04
Aug
10:03
Baowu to build shipbreaking base in Jingjiang
China Baowu Steel Group, Jingjiang Telaisi Metal Material, and Jingjiang Science & Education Industrial Park Co. have jointly established Ouye Lianjin Jingjiang Renewable Resources. The Jingjiang City-based venture will mainly engage in the recycling of metal, such as scrap iron and steel, Kallanish notes.
The company, with an investment of CNY 195 million ($27.9m), will be the largest shipbreaking base in eastern China. After commissioning, it will process an…
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Anonymous
Very good overview of the weekly steel market.
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