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26 Jan
08:57

Hegang looks to increase 2016 autosheet output

Northern China’s Hebei Iron and Steel (Hegang) says it plans to produce 3.4 million tonne of autosheet in 2016 to cater to growing demand from the sector. It has been investing heavily to become a major player in the field and boost margins, Kallanish notes. The company, which recently joined international organisation WorldAutoSteel, says it is producing 1,500 MPa autosheet and adding to its capacity. Hegang has previously said it will invest CN…
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