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26 Mar
03:58

Shanxi launches major steel industry upgrading plan

China’s Shanxi province has published details of its steel industry upgrade plan for 2018 with a total investment completion target of CNY 2 billion ($316.08 million), according to the provincial Economy & Information Commission. The Shanxi government aims to encourage steel mergers and acquisitions, and equipment upgrades. Around 26 related engineering projects (see table below) will be conducted this year. Taiyuan Iron & Steel is also planning fi…
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