04
Sep
11:11
South Africa confirms Tisco as stainless investor
China’s state-owned stainless steel giant Taiyuan Iron and Steel (Tisco) has been confirmed as the major investor in a new mining and steelmaking project in South Africa. The investment was one of a series of deals signed during president Cyril Ramphosa’s visit to China this week, Kallanish notes.
The investment is intended to be carried out over the next six years It is to include everything from mining coal, chromium and vanadium, through prod…
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Very good overview of the weekly steel market.
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