13
Jun
10:08
Yangchunxin repairs wire rod plant
Southeast China-based Yangchunxin Iron & Steel Company, owned by Xiangtan Steel Group, has completed repairing its high-speed wire rod plant, according to local media reports monitored by Kallanish.
Yangchunxin invested CNY 26 million ($3.8m) into the renovations, and plans to invest another CNY 180m on repairing and cleaning equipment in 2016. Its annual crude steel production capacity is 2.6 million tonnes/year – it has invested a total of CNY 6…
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Anonymous
Very good overview of the weekly steel market.
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