08
Nov
04:11
Fujian steel companies develop joint EAF project
Fujian Rongxing Special Steel, Tsingtuo Group and its Fujian subsidiary jointly established a joint venture and to build new electric arc furnace capacity in Fujian, according to the latest market reports.
The new JV company is named Fujian Tsingtuo New Materials, with 51% held by Rongxing Special Steel, 39% held by Tsingtuo Group and 10% held by Fujian Tsingtuo Special Steel Technology company, Kallanish notes. It is planning to build one 120-tonne EAF …
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Anonymous
Very good overview of the weekly steel market.
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