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29 Jan
03:37

Hongda starts to construct thin strip line

Shanxi Hongda Iron & Steel Group has started to construct its thin strip continuous casting project in Shanxi province's Yuncheng Hejin county. This unit can lower energy consumption and carbon dioxide emissions, Kallanish understands. Hongda invests CNY 1.5 billion ($210m) to cooperate with Sinosteel Group to establish this 1 million tonnes/year steelmaking capacity project, which is the first domestically produced plant of its type. The main product…
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