22
Mar
13:55
Baowu Ouyeel plans Sri Lanka shipbreaking project
Ouyeel Lianjin, the renewable resources subsidiary of Baowu Group, plans to invest in a ship recycling facility in Sri Lanka, a company executive told Kallanish on Tuesday.
The insider said the company is currently discussing the possibility of investing this project in Sri Lanka. The plant could be used to supply scrap into Pakistan's Gwadar port where China and Pakistan are cooperating, and scrap steel could therefore also be imported to China …
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Anonymous
Very good overview of the weekly steel market.
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