22
Apr
01:00
Handan details steelmaker consolidations
The northern Chinese province of Hebei has released more details of its first wave of steelmaker consolidation and relocation projects. Handan city will lose 4.17 million tonnes/year of steelmaking through the creation of two new steel groups, Kallanish notes.
Hebei Taihang Steel Group will invest a total of CNY 18.88 billion ($3.08 billion) in relocating capacity from Wuan in Handan to a new site, reducing ironmaking capacity by 2.06m t/y and steelmaking ca…
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Anonymous
Very good overview of the weekly steel market.
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