03
Sep
04:28
Shandong Haixin launches automobile scrapping project
Shandong Haixin Renewable Resources Company plans to construct a disassembling line for waste automobiles. The new project, currently under environmental assessment, aims at recycling ferrous and other scrap from automobiles, Kallanish notes.
With a total investment of CNY 195.5 million ($27.22m), the project in Linyi city will construct capacity for 50,000 automobiles per year, with estimated ferrous scrap capacity of up to 60,000 tonne…
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Anonymous
Very good overview of the weekly steel market.
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