19
Jan
09:53
Ouyeel plans scrap processing plant in Caofeidian
Ouyeel Lianjin, a renewable resources company owned by China Baowu Group, plans to build a scrap steel processing project in the Caofeidian area of Tangshan, Hebei, Kallanish notes.
The project is jointly invested by Tangshan Zhengfeng Steel and Ouyeel Lianjin, at a total value of CNY 1.5 billion ($236 million), and is located in the Caofeidian Emerging Industries Park. It is estimated that 1.8 million tonnes/year of scrap steel could be recycled an…
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Anonymous
Very good overview of the weekly steel market.
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