10
Apr
10:33
Huaigang to operate EAF by year-end
Jiangsu-based Huaigang Special Steel, a subsidiary of China's Shagang Group, aims to operate its electric arc furnace project by the end of this year. The steelmaker is doing civil work and expects to install equipment in July.
Huaigang Special Steel plans to invest CNY 1.3 billion ($189 million) to eliminate the existing 70-tonne EAF and to build an 80t quantum EAF, along with some refining equipment and a seven-strand billet caster. The alloy steel…
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Anonymous
Very good overview of the weekly steel market.
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