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29 Nov
03:59

China's Chenggang looks to grow steelmaking capacity

Qujing Chenggang Steel Products in Yunnan province plans to increase its steel production capacity in the coming four years, Kallanish notes from comments by the mill's general manager Lin Bingsheng. Chenggang plans to invest CNY 8.6 billion ($1.22 billion) by 2023 to build 19 projects in two phases. Following the upgrade, the company’s iron and steel production capacity will be more than 3 million tonnes/year, Lin said. The rolling…
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