23
Sep
05:52
Zishan Special auctions off steel capacity
The People’s Court of Hangzhou city plans to hold an auction for iron and steel capacity quotas from the High-strength Materials Company, part of the Handan Zishan Special Steel Group, Kallanish notes.
The auction is only for 30,000 tonnes/year of iron capacity quota from a 450-cubic-metre blast furnace and 150,000 t/y of steel quotas from a 70-tonne electric arc furnace. The total value of this is estimated to be CNY 36 million ($5.06 milli…
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Anonymous
Very good overview of the weekly steel market.
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