26
May
10:50
Hebei Jingye targets 5mt scrap processing capacity
Hebei Jingye Group in northern China began the construction of a scrap processing base this week, targeting a processing capacity of 5 million tonnes/year, Kallanish notes.
Jingye will invest CNY 1.23 billion ($183 million) to the project, which is in the charge of its subsidiary Hebei Fushan Renewable Resources Recycling Company. The base in Shijiazhuang City will cover an area of 113 acres.
The project is regarded as an important part of Jingye’s transfor…
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Anonymous
Very good overview of the weekly steel market.
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