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22 Feb
06:26

Jianglong aims for major mid-term steel capacity expansion

The chairman of China’s Jianlong Group’s, Zhang Zhixiang, has recently revealed his company’s mid-term development plans, Kallanish notes. The Jianlong Group aims to control 50 million tonnes/year of steelmaking capacity by the end of 2022, including both fully-owned capacity and that in which it holds an interest.  Around 10m t/y of this should be high end steel capacity such as alloy, tool and high-carbon steels. Zhang also says that&…
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