31
Jan
05:04
Sangang buys Laiwu Xinjiang capacity quota
Sansteel Group's listed company Sangang Minguang announced on 30 January that it had signed an asset transaction contract with Shangang Group Laiwu Steel Xinjiang Company in Jinan City, Shandong Province, to buy capacity quota. This transaction price is -45% lower than the purchase price it originally agreed to in auction and the capacity quotas themselves have been reduced folowing an investigation, Kallanish notes.
The actual traded quotas f…
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Anonymous
Very good overview of the weekly steel market.
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