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09 Jun
11:38

Tangshan Xinbaotai restarts capacity quota transfer

Tangshan Xinbaotai Steel Company has restarted its capacity quota transfer plan now that it has become feasible again. The project was stopped by revisions to national policy last year, Kallanish notes. Jilin Henglian Casting Technology Company will still receive quotas made available by Xinbaotai, including 1.1 million tonnes/year of iron and 800,000 t/y of steel. The quotas will be used to upgrade the company’s two 450m³ blast furnaces and t…
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