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27 Aug
06:50

Sangang Group adjusts capacity replacement plan

Due to the company’s implementation of mergers and its outsourcing of capacity quotas, southeastern China’s Fujian Sangang Group plans to make some changes to the source of quotas and the capacity for its subsidiaries' replacement and upgrading plans. Compared to the plan published on 12 December 2017, the total capacity to be built has been adjusted from 4.61 million tonnes/year of iron and 1.4m t/y of crude steel to 3.318m t/y of iron and 3.55m t…
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