07
Sep
09:13
Baowu signs Simandou investment agreement with WCS
China Baowu Group's Baowu Resources and Winning Consortium Simandou (WCS) jointly signed an investment cooperation agreement for the Simandou iron ore project in Beijing on 5 September, according to the official news released by Baowu Group on 6 September.
This signing focuses on the development of Blocks 1&2, Kallanish notes. In the next step, the investors will start financing the project and wait for the approval of the investment plan from the rel…
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Very good overview of the weekly steel market.
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