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27 Jul
05:17

Jiangxi Fuxin to improve steel capacity

Jiangxi Province's Longnan city has signed on for a 2 million tonnes/year steel project during a signing ceremony for major local projects on 25 July, Kallanish notes. The main investor is reported to be Jiangxi Longnan Fuxin Steel. It is expected that the investment to reach $5 billion ($714.5 million), and the project to be commissioned within the next three years.  The company has not announced the details of this 2m t/y steel project. However, accord…
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