19
Apr
20:15
Jingye sets up Yunnan subsidiary following acquisition
After having acquired the bankrupt Yunnan Yongchang Iron & Steel, Hebei’s Jingye Group has now officially established Yunnan Jingye Iron & Steel Company, Kallanish notes.
The registered capital of the newly established company is CNY 50 million ($7.07m), and its main business scope is steelmaking, steel rolling, steel sales and others. Yunnan Jingye Steel is reported to have 2.32 million tonnes/year of iron capacity and 1.7m t/y billet capacity, whic…
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Anonymous
Very good overview of the weekly steel market.
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