17
Jul
10:19
Jiangsu Hongtai upgrades equipment to avoid elimination
The Jiangsu government plans to eliminate 25 local steelmakers, leaving 20 remaining by 2025. Eastern China’s Jiangsu Hongtai Iron & Steel has to transform in order to survive, Kallanish notes.
Jiangsu Hongtai Iron & Steel recently began cooperation with China Metallurgical Industry Planning and Research Institute to work out a development plan for the next five years. At the beginning of 2018, Hongtai started to demolish two 80-tonne ele…
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Anonymous
Very good overview of the weekly steel market.
Anonymous