09
Sep
02:35
Fujian Dadonghai to build converter by year-end
Fujian Dadonghai Industrial Group has submitted the capacity replacement plan for a new converter, according to the Department of Industry and Information Technology of Fujian Province.
The company intends to build the 130-tonne converter by year-end, targeting a combined crude steel capacity of 1.43 million tonnes/year, Kallanish notes.
To secure enough capacity quotas, Dadonghai also outsourced 1m t/y capacity from Xiangtian Steel in Shanxi and 550,000 t/y capa…
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Very good overview of the weekly steel market.
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