15
Dec
21:15
Hegang plans to invest $120m in Serbian subsidiary
China's Hebei Iron and Steel (Hegang) plans to invest $120 million in its wholly-owned flat steelmaker unit Hesteel Serbia in the coming year, Kallanish learns from the Serbian government.
Hesteel president Yu Yong presented next year's plans for the Smedervo steelworks in a recent meeting with Serbia's economy minister Goran Knezevic, according to a statement published on the Serbian government's website. Details about the investment p…
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Anonymous
Very good overview of the weekly steel market.
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