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10 Dec
04:43

Guixin Steel to build 10mt Guangxi steel base

Tengxian county in Guangxi's Wuzhou city and Guangxi Guixin Iron & Steel Group have signed a strategic framework agreement for a 10 million tonnes/year steelworks. This would be the first steelworks project in Wuzhou, Kallanish notes. Guixin Steel plans to invest CNY 26.3 billion ($3.8 billion) in Tengxian to reach an annual capacity of 10m t/y of finished steel production. Guixin Steel is a producer of construction long products, and…
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