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08 Apr
07:28

Eastern Special Steel adds annealing line

Tsingshan Group's Eastern Special Steel in Jiangsu province is preparing construction of a 120,000 tonnes/year hot-rolling and annealing line, in order to upgrade the steelmaker's processing capacity for value-added products, Kallanish notes. The company plans to start construction in May or June with a total investment of CNY 2.1 billion ($312.9 million). It expects to see more than CNY 1.6 billion/year of additional operating revenue con…
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