29
Jun
04:32
Jianlong signs bank loans for Sishanling mine
The bank loan signing ceremony of Jianlong Group's Sishanling Iron Mine was held in Liaoning province's Benxi city on 28 June.
In this cooperation, Industrial Bank, China Bohai Bank, China Zheshang Bank, Shengjing Bank and Yingkou Bank will provide CNY 3.5 billion ($483 million) in credit for eight years, Kallanish notes.
The company plans to invest CNY 5.813 billion in the first phase of the mine. This is expected to have a design capacity of 15 million …
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Very good overview of the weekly steel market.
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