17
Jan
05:13
Guangxi steelmakers announce capacity replacement
Two Guangxi steelmakers, Shenglong Metallurgical and Chiji Steel, announced on 14 January that they will build new production facilities by means of replacement, Kallanish notes from a Guangxi provincial government document.
Shenglong plans to build two 2,725-cubic-metre blast furnaces with 4.54 million tonnes/year of iron capacity from mid-2020 to late-2022 at its Fangchenggang plant. It will use 1.4834m t/y of capacity quota from two 650m³ blast f…
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Anonymous
Very good overview of the weekly steel market.
Anonymous