08
Jul
13:22
Nangang launches special steel base in Jingjiang
After a year of negotiation, Jingjiang municipal government in Jiangsu and Nanjing Iron & Steel (Nangang) have signed a contract to launch the latter’s special steel production base, Kallanish notes.
Nangang will use CNY 3.5 billion ($539 million) investment to build both hot rolling and cold rolling mills, and promote the settlement of related supporting enterprises and projects. The total capacity is expected to reach 800,000 tonnes/year of special sec…
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Anonymous
Very good overview of the weekly steel market.
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