30
Jul
07:29
Rongxin Steel resumes delayed capacity replacement project
After resolving all objections to the project, Hebei Rongxin Steel has once again announced and promoted its capacity replacement, which has been delayed since 2018. Its content remains unchanged.
Kallanish learns that the company will build one 1,500m³ blast furnace and two 150-tonne converters. These will have 1.33 million tonnes/year of iron capacity and 2.3m t/y of crude steel capacity.
For the iron capacity quotas, Rongxin Steel has to eliminate one 450…
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Anonymous
Very good overview of the weekly steel market.
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