10
Jan
01:18
Changtai Stainless transfers new quotas to Guangxi
Changtai Stainless Steel Plate Company has decided to transfer its steel quotas to Guangxi Hezhou Zhaoxin Metal Company, according to an announcement by Gongyi city in Henan province, Kallanish notes.
Changtai Stainless will eliminate one 60-tonne converter and transfer the quota for 850,000 tonnes/year of steel capacity to Zhaoxin Metal. Zhaoxin Metal will be able to use 845,000 t/y of capacity quota.
Changtai Stainless had originally planned to upgrad…
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Anonymous
Very good overview of the weekly steel market.
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