04
Mar
06:14
Baosteel transfers capacity quotas to Desheng Stainless
Baosteel Desheng Stainless Steel has been transferred 2.14 million tonnes/year of iron capacity quota and 3.23m t/y of steel capacity quota from Baowu Group's other subsidiaries. This is according to documents from the Fujian Provincial Government. The move is designed to develop Desheng into the group's main stainless steel producer, Kallanish notes.
According to the Baosteel Desheng plan, the project will reach 3.5 million tonn…
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Anonymous
Very good overview of the weekly steel market.
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