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08 Sep
07:36

Tianjin promotes withdrawal of three steelmakers

Tianjin in north China is promoting the closure of three steel companies, including Tianfeng Steel, Zhasan Steel and Giant Heavy Industry, Kallanish learns from the Tianjin Ecology and Environment Bureau. Tianfeng Steel will shut down at the end of September, affecting billet output of 5,000 tonnes/day. Its steel rolling lines will buy billet from outside the company to meet demand. The company has signed a contract for transferring 1.8 million tonnes/year of iron…
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