23
Oct
06:11
Fujian Luoyuan Minguang Steel to increase steel capacity
The Fuzhou News reports that the second phase of Fujian Luoyuan Minguang Iron & Steel's steelworks project was officially launched on 22 October, Kallanish notes. Luoyuan Minguang, a subsidiary of Sangang Minguang Steel, said that after the completion of the project, the company's annual crude steel output will increase by 1 million tonnes/year to 3m t/y in total.
1m t/y of the new capacity of th…
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Anonymous
Very good overview of the weekly steel market.
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