23
May
05:21
Shougang to build new galvanizing line
Shougang's listed company has announced that its subsidiary Jingtang Iron & Steel plans to install a galvanized sheet line for automotive applications by the end of 2019. The designed capacity of this mill is expected to reach 360,000 tonnes/year, according to its report to the Shanghai Stock Exchange.
Shougang plans to invest CNY 1.3 billion ($205 million) in the new mill. 80% of production is planned to kick in one year after commis…
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Anonymous
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