03
Sep
23:08
Jinxi Steel aims to quit Hebei for Fangchenggang
China Oriental Group announced on 3 September that its indirect non-wholly-owned subsidiary, Jinxi Steel, has entered into an investment agreement in the Fangchenggang Economic and Technological Development Zone with the local government.
Jinxi Steel plans to invest in a 10 million tonnes/year steel production base in Fangchenggang in two phases, of which each phase has a designed capacity of 5m t/y, Kallanish notes.
The total investment i…
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