07
Sep
10:29
Jiugang Hongxing plans to upgrade blast furnace
China’s Jiu Steel Group Hongxing Iron & Steel (Jiugang Hongxing) has announced its capacity replacement plan for a new 2,070m³ blast furnace, which will be located at its metallurgical plant in Jiayuguan city.
The company will build the BF with 1.76 million tonnes/year of iron capacity during 2022-2024, Kallanish notes. In order to get capacity quotas at a ratio of 1.25:1, Jiugang Hongxing has to dismantle its own four 450m³ BFs before the …
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Very good overview of the weekly steel market.
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