08
Sep
08:50
Baowu to integrate Xinjiang steel producers
Baowu Group has signed a strategic cooperation agreement with Xinxing Jihua Group this week. The main goal is to explore cooperation in projects that integrate Xinjiang's steel production capacity, Kallanish notes.
According to Baowu's 2020 development plan, it will integrate steel production capacity in the Xinjiang region. In the plan, the government instructed Xinjiang to eliminate steel capacity of 6.85 million tonnes/year, to improve its ind…
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Anonymous
Very good overview of the weekly steel market.
Anonymous