18
Oct
05:06
Lingyuan Steel plans steel capacity replacement
Lingyuan Iron & Steel (Linggang) plans to construct a new converter for steel capacity replacement, according to the Ministry of Industry and Information Technology of Liaoning Province.
Linggang plans to build one 120-tonne converter with a new capacity of 1.35 million tonnes/year. The project will start in October 2020 and commission in September 2022, Kallanish notes. Meanwhile, Linggang needs to eliminate 1.65m t/y capacity by demolishing three 35-tonne …
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Very good overview of the weekly steel market.
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