13
Jan
03:17
Kungang reveals targets for 2020
China’s Kunming Iron & Steel (Kungang) has revealed its operational strategy for 2020 at its annual meeting, involving several plans for upgrading facilities and cooperation with others, Kallanish notes.
For full-year 2019, it gives estimated production of 7.11 million tonnes of iron, 7.7mt of steel and 7.7mt of finished steel, respectively increasing by 6.4%, 5.9% and 5.5% year-on-year. Operating revenue is anticipated to be CNY 120 billion ($17.36…
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Anonymous
Very good overview of the weekly steel market.
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