16
Dec
04:11
Shangang purchases capacity quotas for Rizhao facility
Shandong Iron & Steel's (Shangang) listed company reports it will purchase iron and crude steel capacity quotas from Shandong Minyuan Iron & Steel for its Rizhao facility, Kallanish notes from Shanghai Stock Exchange information.
This CNY 1.496 billion ($214 million) deal targets 1.19 million tonnes/year of iron capacity and 1.7m t/y of crude steel capacity from Shandong Minyuan. Shangang plans to use these quotas for building the second phase of its R…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous