24
Apr
09:53
Beijing city groups establish $14.53bn railway development fund
The Beijing-Tianjin-Hebei Intercity Railway Investment Corporation has established a CNY 100 billion ($14.53 billion) development fund for railway construction within the region, according to Hebei Daily. 70% of the investment will be used for railway construction and 30% for comprehensive development along the railway lines. Kallanish calculates the fund could generate an estimated steel demand of around 3.33 million tonnes.
On 18 April the corporatio…
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Anonymous
Very good overview of the weekly steel market.
Anonymous