04
Sep
04:25
Jilin Xinda plans to acquire extra capacity
Jilin Xinda Iron & Steel has applied to the Chinese Ministry of Industry and Information Technology of Jilin province for the right to acquire new capacity quota, Kallanish notes.
Jilin Xinda aims to purchase quotas from several steelmakers to upgrade its own capacity. The quotas so far purchased by its parent company, the Hebei Xinda Group, come from one 100-tonne converter and one 1,080-cubic-metre blast furnace from Tangshan Special Steel, part …
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Anonymous
Very good overview of the weekly steel market.
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