22
Jan
01:21
Railway construction company invests in Kungang relocation project
Kunming Iron & Steel (Kungang), part of the Baowu Group, has signed a cooperation agreement with China Railway Construction Company (CRCC) on its relocation project, Kallanish notes.
CRCC plans to invest CNY 13.36 billion ($1.93 billion) in the upgrade project as part of a ten-year cooperation. According to the plan, the steelmaker’s relocation to the Caopu area of Kunming will be completed in two years. It will build a 2,500-cubic-me…
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Anonymous
Very good overview of the weekly steel market.
Anonymous