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09 Sep
06:07

Jinma Steel prepares Tangshan assets for sale

Tangshan Jinma Steel Group says all facilities at its Tangshan plant have been entrusted to Tianjin Yungang United Technology for sale, Kallanish notes. The sale will be conducted solely by online public bidding, and the winning bidder must go to Jinma Steel the next day to finalise the signing of the contract. The main facilities include two sintering machines, one each of 500, 1,080, and 1,350 cubic-metre blast furnaces, and two 120-tonne converters. Also inclu…
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