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28 Nov
03:22

Hebei steelmakers sell quotas out of province

According to the Hebei Provincial Department of Industry and Information Technology, two local steelmakers have transferred steel quotas to companies in Guangxi and Inner Mongolia, Kallanish notes. Chengde Shengfeng Steel has transferred 1.48 million tonnes/year of iron quota to Guangxi Shenglong Metallurgical Company. 1.52m t/y of steel quota was meanwhile purchased by Guangdong Jinshenglan Metallurgical Technology Company for an 8…
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