24
Jan
07:53
Laiwu Xinjiang cancels capacity trade with Sangang
Fujian Sangang Group's listed company Sangang Minguang issued an announcement on 23 January, saying that the company has cancelled its capacity trading contract with Shangang Group Laiwu Steel's Xinjiang branch. The reason for the cancellation is that Laiwu Xinjiang's capacity quota is not equal to the actual capacity held by the steelmaker, Kallanish notes.
According to the Kashgar Economic and Information Commission, the au…
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Anonymous
Very good overview of the weekly steel market.
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