02
Feb
00:00
Xinjiang region banks on Central Asian investment demand
China’s northwestern Xinjiang region has seen steelmaking capacity soar, and utilisation rates plummet, over recent years. Now it hopes China’s massive investment plans to link European and Asian infrastructure can absorb up to 18 million tonnes of construction steel, reports say.
Xinjiang has seen capacity surge. Some 7 million t/y was added in 2013 alone, while steel output last year was just 12.13mt. Construction steel capacity was about 16.65…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous