06
Jan
04:12
Donghai launches high-end steel project in Guangdong
A high-end steel project in Yunfu city in China’s Guangdong province has begun construction. Donghai Steel is investing CNY 1 billion ($14.34 million) in the first-phase of the project, Kallanish notes.
The total capital spend on the project could eventually reach CNY 12 billion, the company says. The project is planned in two phases and is designed to have crude steel capacity of 7.6 million tonnes/year. The company intends for the first phase to…
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Anonymous
Very good overview of the weekly steel market.
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