30
Dec
09:43
Hanggang shuts plant to clear skies
Eastern China’s Hangzhou Iron and Steel (Hanggang) has completed the shutdown of its 3.6 million tonnes/year steelworks in Hangzhou city. The company will relocate some capacity to Ningbo Iron and Steel (Ninggang) which it bought in early 2015, Kallanish notes.
The plant was forced to relocate as authorities are attempting to ensure blue skies over a meeting of the G20 in Hangzhou in late 2016. Hanggang received government support however in taking control…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous