10
Nov
09:03
HBIS Tanggang to sell old equipment
HBIS subsidiary Tangshan Iron & Steel (Tanggang) is selling almost all equipment in its old southern plant and ironmaking plant. The base price is CNY 4.6 billion ($720 million), Kallanish learns from Hebei Property Right Market.
The auction will end at 17:00 local time on 6 December. All equipment will be sold as a whole, and no split purchases will be accepted.
Main facilities include four sintering plants, four blast furnaces, two 55-tonne converters, and…
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Very good overview of the weekly steel market.
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