29
Mar
14:46
Shaangang targets 10 million tonnes/year Indonesian steel capacity
China’s Shaanxi Iron and Steel (Shaangang) aims to build more than 10 million tonnes/year of combined steelmaking capacity across two new projects in Indonesia. The steelmaker revealed this to delegates to the 16th International Steel Markets and Trade Conference in Xian on Thursday. Without a firm timeline for the projects it remains uncertain how these facilities will materialise, but an existing iron ore mine will form the basis of the ventures, Kalla…
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Anonymous
Very good overview of the weekly steel market.
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