15
Sep
01:00
Duferco deal boosts Hegangs African prospects
Increased participation by China’s Hebei Iron and Steel (Hegang) in Swiss trading group Duferco has significant benefits for Hegang’s African expansion. Not only would Duferco’s African sales network serve Hegang’s new steelworks, the deal could effectively provide captive iron ore to the project, Kallanish understands.
Hegang's general manager Peng Zhaofeng said that Hegang hopes to benefit from Duferco’s extensive sal…
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Anonymous
Very good overview of the weekly steel market.
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