06
Jan
03:29
Baichuan raises investment for needle coke project
China’s Baichuan High-tech New Materials Listed Company in Jiangsu province decided to issue convertible bonds at the end of December to raise investment for a needle coke project, Kallanish notes.
The bonds were primed to be issued on 3 January 2020, with total value of CNY 520 million ($74.59 million). Baichuan intends to invest in a needle coke project with 50,000 tonnes/year of capacity. The product can be manufactured into high powered graphite electrod…
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Very good overview of the weekly steel market.
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