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10 Oct
06:25

Xinggang to transfer steel capacity to Laixin

Xingtai Iron & Steel (Xinggang) plans to transfer steel capacity quota to Lanxin Iron & Steel, Kallanish notes. This is according to an announcement by Hebei province’s Industry and Information Technology Department on 8 October. Xinggang plans to transfer 405,000 tonnes/year of steelmaking capacity to Lanxin iron & Steel in Lanzhou city in Gansu province which will use the quota in its high-end special steel project. Lanxin also plans to build…
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