12
Dec
06:38
Hongwang boosts silicon and stainless steel capacities
Hongwang Group signed a contract with Wuxi's Huishan district, in Jiangsu, on 7 December to locate production of silicon steel core and finished stainless steel in Qianqiao.
Kallanish notes that Hongwang plans to invest CNY 600 million ($83.6m) to build an oriented silicon steel core processing project with around 36,000 tonnes/year capacity, and finished stainless steel lines with 300,000 t/y capacities covering series 200, 300 and 400 products. Also, researc…
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Anonymous
Very good overview of the weekly steel market.
Anonymous