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19 May
10:51

Meijin Steel to build steel industrial park

Shanxi Meijin Steel has signed an agreement with the Yuanping municipal government to build a green manufacturing industrial park. Meijin Steel aims to realise a full production chain in the city, from iron to steel bar. It expects to reach a total capacity of 1.2 million tonnes/year of iron ore pellet, 3.52m t/y of iron and 3.09m t/y of crude steel at the plant, Kallanish notes. The total investment will be CNY 11.96 billion ($1.86 billion). The equipm…
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