16
Jun
03:40
Sangang plans to utilise new capacity quotas
China’s Fujian Sangang Group will make plans for new equipment to utilise the 2.04 million tonnes/year of newly purchased capacity quota, Kallanish notes from Sanming city’s steel industry promotion plan.
The newly purchased capacity includes 1.04m t/y of iron and 1m t/y of crude steel capacity.
The municipal government and the firm will also seek support from the Fujian Provincial Department of Industry and Information Technology for returning 1m t/y…
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Anonymous
Very good overview of the weekly steel market.
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