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29 May
07:05

Tsingshan targets Korean stainless steel cold-rolled capacity

According to local Korean media on 28 May, Tsingshan Iron & Steel has submitted letters of intent to establish a stainless steel cold rolled coil plant in South Korea. Reports reveal that Tsingshan intends to construct a cold rolling mill with 600,000 tonnes/year of capacity, Kallanish notes. The Busan government in Korea is assessing the letters, while local traders have expressed concern. The apparent consumption of stainless steel cold rolled product…
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