02
Mar
03:52
Liugang loan to help accelerate Fangchenggang commissioning
The Fangchenggang steelworks project owned by Liuzhou Iron & Steel (Liugang) is accelerating its construction timetable with help of loans from a consortium of banks. It anticipates it will have commissioned its No.2 blast furnace in May 2020 however, later than its original plan of 2019, Kallanish notes.
Liugang drew down CNY 400 million ($57.37 million) from a new facility provided by a consortium of twelve banks, led by China Construction Bank (Guangxi…
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Anonymous
Very good overview of the weekly steel market.
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