17
May
10:52
Lingang caps blast furnace for high-end steel project
Linyi Iron & Steel (Lingang) has capped the 2,770m³ blast furnace at its high-end special steel project in the Special Steel Park in Linyi’s Lingang Economic Development Zone, Kallanish notes.
The sole BF at the project requires 2.31 million tonnes/year in ironmaking capacity quotas. These were secured by dismantling Linyi Jiangxin Steel’s two 1,260m³ BFs. Huasheng Jiangquan Group, the ultimate controller of Jiangxin Steel, owns 20% …
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Very good overview of the weekly steel market.
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