13
Dec
02:48
Shagang plans 2020-2022 capacity replacement
According to the Jiangsu Provincial Department of Industry and Information Technology, Shagang Group plans to upgrade its facilities in 2020, lowering overall capacity slightly, Kallanish notes.
It plans to construct one 120-tonne converter and one 130t electric arc furnace, with new steel capacity of 1.35 million tonnes/year and 1m t/y respectively. The converter is expected to start construction in September and finish in June 2022. The constru…
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Anonymous
Very good overview of the weekly steel market.
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