27
Mar
06:35
China targets second-half 2018 Brazilian steel project start-up
China Brazil Smart Steel Group (CBSteel), a planned 8 million tonnes/year steelworks project, aims to start construction in the second half of the year, according to the People's Daily website.
The Chinese and Brazilian governments signed an agreement in May 2015 to cooperate on a new 10m t/y steelworks project in Brazil. Ahead of the 2016 G20 summit in Hangzhou, China signed a number of investment deals with Brazil, and discussed the plan with the then …
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