12
Jan
10:35
Guangqing builds scrap plant
Guangdong Guangqing Renewable Resources Company plans to build a scrap steel processing base in Yangjiang City, Guangdong Province. The local environment agency is evaluating the project.
The processing capacity for this project is reported to be 500,000 tonnes/year, Kallanish notes.
Guangqing plans to invest CNY 50 million ($7.72m) into the project. It is expected to integrate the functions of recycling, testing, sorting, cutting, and packaging of…
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Very good overview of the weekly steel market.
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