08
Oct
06:40
Tangshan's Yutian Jianbang auctions steel capacity
Yutian Jianbang Steel in Hebei Province's Tangshan city plans to auction 330,000 tonnes/year of crude steel capacity quota on 21 October this year on the Alibaba auction platform, Kallanish notes.
The assessed price and starting price of the capacity is CNY 83.84 million ($11.74m). As long as one buyer is willing to trade at a price higher than the starting price, the auction will end. The price increase for new bids is CNY 400,000 per bi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous