17
Jun
08:47
Chifeng Zhongtang starts steel project
Chifeng Zhongtang Steel (Chifeng Zhongtang) started construction of its high-grade steel project in Chifeng City in northern China’s Inner Mongolia Autonomous Region on 16 June, Kallanish notes. The plant was initially planned to settle in Chifeng City in April 2019, with investment of CNY 12.5 billion ($1.76 billion).
The project covers an area of 2.13 square km and will be equipped with two 1,580-cubic metre blast furnaces and two 120-tonne conve…
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Very good overview of the weekly steel market.
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