30
Dec
04:03
Sangang Minguang cancels cooperation with Yixin Steel
Sangang Minguang's listed company has reported to the Shanghai Stock Exchange that the company has cancelled its capacity cooperation plan with Yixin Steel, Kallanish notes.
According to the original agreement, Sangang would provide 1.22 million tonnes/year of iron capacity quota and 1.35m t/y of steel capacity quota for the new Yixin plant. The plant would have had 2.18 million tonnes/year of iron capacity and 2.55m t/y of steel capacity, including …
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