09
Dec
06:21
Baotou commissions cold rolling project
Baotou Iron & Steel has fully commissioned its 3.53 million tonnes/year high end flat steel base, which will focus on producing rare earth steel alloys, according to its internal newspaper. It can supply steel products for automobile and white goods in western China, Kallanish notes.
Baotou has invested over CNY 8 billion ($1.16 billion) in this project since April 2014. In addition to the 3.52m t/y of cold rolling capacity, the project includes pickling and…
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Very good overview of the weekly steel market.
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