10
Oct
08:47
Shanxi plans 500mt coal enterprise
Shanxi Province is planning to form Jinneng Holding Group, which will reorganise five major miners and China (Taiyuan) Coal Trading Centre, announcements from multiple listed companies confirm.
The new company consists of three major sectors: coal production, electric power, and coal machinery manufacturing. After the reorganisation and integration, annual operating income will exceed CNY 820 billion ($122.5 billion), with annual coal production exceeding 500…
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Anonymous
Very good overview of the weekly steel market.
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