26
Sep
08:41
Anyang Steel invests in electrical steel project
Henan Anyang Steel Group's listed arm, Anyang Steel, has reported to the Shanghai Stock Exchange that it will invest in a subsidiary to develop magnetic electrical steel production in Zhoukou City of Henan Province.
The steelmaker plans to establish Henan Angang Longdu Electromagnetic New Material Technology Company to produce high magnetic induction grain-oriented silicon steel and non-oriented silicon steel, Kallanish learns.
Anyang will invest CNY 102…
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