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02 Apr
01:00

Magang sets to build Kazakhstan steelworks

Eastern China’s Ma’anshan Iron and Steel (Magang), China Metallurgical Corporation (MCC) and Kazakhstan’s Ferrum Corp. have signed a memorandum of understanding to build a 1 million tonnes/year integrated steelworks in the central Asian nation, Xinhua reports. The announcement followed a raft of deals signed during a visit by Kazakhstan’s prime minister Karim Masimov to Beijing, Kallanish notes. Details of the plant, including product…
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