07
Jun
08:52
Baosteel environmental projects spend stays unchanged on-year
China’s Baosteel Group plans to invest more than CNY 1.37 billion ($209 million) on environmental protection projects in 2016, Kallanish notes. This matches its expanded budget in 2015, according to its sustainable development report published on 6 June.
Baosteel’s investment on environmental protection increased 100% year-on-year to CNY 1.37 billion in 2015, accounting for 27% of its total capex. Baosteel also plans to invest a total of CNY 4.2…
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Very good overview of the weekly steel market.
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