14
Jun
10:20
Taiwan Dragon Steel to upgrade blast furnace
China Steel Corporation's (CSC) wholly-owned subsidiary, Dragon Steel Corporation (DSC), plans to invest TWD 7.78 billion ($262 million) to upgrade its No.1 blast furnace.
Huang Jianzhi, executive deputy general manager of CSC, says that 60% of the cost of the DSC blast furnace overhaul is covered by its own funds, and the rest will be financed through debt. The main purpose is to improve the functions of the old furnace, update the instrument c…
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Anonymous
Very good overview of the weekly steel market.
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