19
May
09:57
Wisco starts rebar plant construction
China Baowu Group's Wuhan Iron & Steel (Wisco) has started construction of a new bar production line this week after holding a launch ceremony last month, Kallanish notes.
The project will renovate the area of a former plate-producing plant and build a new rebar production plant using the existing space and gas pipelines. The investment is reported to be CNY 370 million ($57.54m), and capacity is expected to reach 1.2 million tonne…
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Anonymous
Very good overview of the weekly steel market.
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