12
Jun
08:44
Derun Steel EAF project receives EIA approval
Heyuan Derun Steel Co., LTD (Derun Steel) has received approval from Heyuan Ecological Environment Bureau for its first 120 tonne electric arc furnace project. This is the first phase of a plant that will have 6 million tonnes/year of special steel capacity, Kallanish notes.
The plant will be located in Lantang New Town in Heyuan in southern China’s Guangdong province. Derun Steel will invest CNY 13 billion ($1.84 billion) and build six E…
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Very good overview of the weekly steel market.
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