02
Jun
06:25
Angang to reduce production costs in 2020
China's Anshan Iron & Steel targets a CNY 100/tonne ($14/t) reduction in production costs in 2020, Kalalnish notes from the company's news.
Angang reduced production costs by CNY 158 million in the first four months of this year. The company's goal is to reduce production costs by around CNY 200 million in 2020.
To achieve this, Angang plans to reduce its budget for raw material purchases. It will increase the use of low-cost …
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Anonymous
Very good overview of the weekly steel market.
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