12
Jul
09:47
Chiji Steel gains capacity quotas from Tianjin Zhayi
The Tianjin Bureau of Industry and Information Technology has publicly announced that Tianjin Zhayi Steel will transfer its iron and steel production capacity quotas to Guangxi Chiji Steel.
The document suggests that Chiji Steel will gain 1.36 million tonnes/year of iron capacity and 1.8m t/y of crude steel capacity from Zhayi Steel, Kallanish notes.
Chiji Steel is the new steel production base of Jiujiang Wire Rod in Guangxi province. It intended to b…
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Very good overview of the weekly steel market.
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