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09 Feb
03:21

Bankrupt Hebei Longhai to resume steel production

The 5 million tonnes/year steelmaker Hebei Iron & Steel Group Longhai has been restructured and changed its name to Hebei Miaoshi Group Depu Iron & Steel. Hebei Miaoshi acquired 100% of Longhai and changed the name. The plant is preparing to resume steel production, although it has not revealed a detailed restructuring and restart schedule, Kallanish notes. The steelworks had capacities of 3.5m t/y of pig iron, 5m t/y of steel, 2.8m t/y of high…
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