27
Feb
03:03
Lianyungang details major steel investment plans for 2018
Guannan county in eastern China’s Lianyungang city has announced a CNY 3.5 billion ($554.82 million) stainless cold-rolled sheet project to be launched this year, according to the local government website. The new project at Zhanshuo New Material will add around 800,000 tonnes/year of high-end stainless CRC capacity, Kallanish notes.
The investment passed its environmental evaluation last year and the project is scheduled to start construction in March 201…
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Very good overview of the weekly steel market.
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