24
Mar
10:27
China's Xuangang relocation plan receives official approval
Hebei Iron & Steel's (Hegang) Xuanhua Iron & Steel subsidiary has recieved approval for its plant relocation plan from the provincial Development and Reform Commission, according to Hebei News. The new Xuangang site will have 4.1 million tonnes/year of steel flats and 3m t/y of steel longs capacity, Kallanish notes.
Xuangang is investing CNY 42.3 billion ($6.14 billion) in building a new steel site in Tangshan's Leting district, with a total of 7…
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Anonymous
Very good overview of the weekly steel market.
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