23
Sep
01:00
Magang builds auto HDG line
Eastern China’s Ma’anshan Iron and Steel (Magang) has begun building a 320,000 tonne/year continuous galvanizing line in Hefei in Anhui province, which it plans to commission in August 2016. Meanwhile, Magang is delaying the relocation of its Hefei steelworks, Kallanish notes.
The ground-breaking ceremony of the Yuan 1.3 billion ($211.4m) project held on 20 September marks progress in Magang’s expansion of its autosheet capacity. In De…
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Very good overview of the weekly steel market.
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