19
Jun
06:35
Hunan exempts Valin, Lenggang from differential electricity policy
The Hunan provincial Development & Reform Commission has announced that Valin Group’s three subsidiaries and Lengshuijiang Iron & Steel (Lenggang) are exempted from an increase in electricity prices. Their energy consumption in production meets relevant government standards, the commission has concluded.
Hunan Valin group produced 15.48 million tonnes and Lengshuijiang about 2.8mt of crude steel in 2016. Lower electricity costs could mean a competi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous