15
Jun
05:01
Wugang invests in environmental projects
China’s Wuhan Iron & Steel Company (Wugang) plans to invest CNY 500 million ($75.6m) in environment protection projects in 2016, according to local media.
Wugang plans 24 environmental protection transformation projects, including renovating storage yards for raw materials, coal and finished steel products, which may cost CNY 110m. It also aims to reduce dust emissions and reduce pollution discharge fees, Kallanish notes. Wugang invested CNY 5.8 b…
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Very good overview of the weekly steel market.
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