20
Nov
06:11
Anyang issues capacity replacement scheme
On 16 November Anyang Iron & Steel issued a notice on the Shanghai Stock Exchange that its board has agreed to invest in a new steelmaking project in Zhoukou city's industrial harbour area. This will replace some steelmaking capacity eliminated from Zhoukou city and use its capacity quotas.
Anyang staff confirmed to Kallanish by phone the news and added details about the removal targets and new steelmaking equipment.
According to Anyang staf…
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Very good overview of the weekly steel market.
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