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10 Jan
09:10

Fujian's Longgang progresses with capacity replacement project

The relocation project for Longgang New Materials Company in Fujian province has made some progress, with the capacity replacement plan now released by the Zhangping city Department of Industry and Information Technology, Kallanish notes. The government forced Zhuoying Ironmaking Company and Zhuolong Steel to move away from the city centre to Zhangping. Longgang New Materials has invested CNY 25 billion ($3.61 billion) to construct an intelligent steelmaking Indus…
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