18
Jan
09:59
Anhui Zhongsheng starts pellet plant
China's Anhui Zhongsheng Metal Pellet Co. has held an ignition and production ceremony for its pellet project in Huoqiu County, Kallanish notes from Huoqiu government reports.
The company invested CNY 500 million ($77m) in the project with capacity of 1.5 million tonnes/year of pellet. It is expected to generate a revenue of CNY 2.1 billion annually and CNY 420m in tax.
Duan Xianzhu, mayor of Huoqiu County in Anhui privince, says the project m…
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Anonymous
Very good overview of the weekly steel market.
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