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13 Jul
08:17

Shanxi prompts integration of steel industry

Shanxi province has recently announced a plan to prompt integration in its steel industry in 2020, Kallanish notes. Shanxi provincial government plans to focus on advancing consolidation by implementing 33 upgrade and transformation projects. A total of CNY 32.3 billion ($4.62 billion) will be invested in the 33 projects, of which CNY 10 billion will be completed in 2020. The entire industry in the province is expected to realise income of around CNY 300 bill…
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