17
May
04:08
Shanxi Hongda makes progress with investment projects
Shanxi Hongda Iron & Steel has made significant progress with its investment projects, Kallanish notes.
In 2018, Shanxi Hongda focused on developing its production facilities with 5 projects involving a total investment of CNY 1 billion ($14.53 million). Among these, its steelmaking plant upgrade project and the construction of new rolling plant with 800,000 tonnes/year of wire rod production capacity took investment of CNY 250 million and CNY 280m resp…
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Anonymous
Very good overview of the weekly steel market.
Anonymous