15
Dec
12:03
Xinwu’an Steel starts steelmaking project construction
Hebei Xinwu’an Steel’s Xinhui Metallurgical Company has started construction of its steelmaking project in Wu’an city, Kallanish notes.
The project was approved last month. It includes one 100-tonne electric arc furnace and one 110t EAF. The company plans to invest CNY 2.91 billion ($444 million) to reach a total capacity of 1.44 million tonnes/year of crude steel and 1.4m t/y of finished steel. In addition, annual output value and tax payment wi…
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Very good overview of the weekly steel market.
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