Anyang Steel to build 6 projects in Zhoukou

Published: Aug 21, 2019 14:31
The plan includes raw material fields, oxygen plants, 265㎡ sintering machines

SHANGHAI, Aug 21 (SMM) – Anyang Iron & Steel said on Monday August 19 that its newly-established affiliate in Zhoukou will build six projects, which require investment of a total of 5.84 billion yuan.

The plan includes raw material fields, oxygen plants, 265㎡ sintering machines equipped with desulphurization and denitrification system.

The steel giant’s Zhoukou branch will be able to produce up to 1.66 million mt of steel bars in a year, after about 15 months of construction.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Macro Sentiment Recovery Boosted the Nonferrous Metals Sector; Tin Prices Rebounded in the Short Term, but Support Remained Insufficient [SMM Tin Futures Brief Review]
1 hour ago
Macro Sentiment Recovery Boosted the Nonferrous Metals Sector; Tin Prices Rebounded in the Short Term, but Support Remained Insufficient [SMM Tin Futures Brief Review]
Read More
Macro Sentiment Recovery Boosted the Nonferrous Metals Sector; Tin Prices Rebounded in the Short Term, but Support Remained Insufficient [SMM Tin Futures Brief Review]
Macro Sentiment Recovery Boosted the Nonferrous Metals Sector; Tin Prices Rebounded in the Short Term, but Support Remained Insufficient [SMM Tin Futures Brief Review]
[SMM Tin Brief Commentary: Improving Macro Sentiment Boosted the Nonferrous Metals Sector, Tin Prices Rebounded in the Short Term but Support Remained Insufficient]
1 hour ago
Secondary Aluminum Alloy Prices Edge Up, Transactions Remain Weak
5 hours ago
Secondary Aluminum Alloy Prices Edge Up, Transactions Remain Weak
Read More
Secondary Aluminum Alloy Prices Edge Up, Transactions Remain Weak
Secondary Aluminum Alloy Prices Edge Up, Transactions Remain Weak
[SMM Aluminum Alloy Daily Review] Driven by the rebound in futures, the secondary aluminum alloy market saw quoted prices edge up today, with mainstream increases of 100 yuan/mt. Some enterprises raised prices accordingly to recover earlier losses, and market sentiment improved slightly from the previous period. However, transactions remained weak, with downstream buyers mainly purchasing as needed and showing limited acceptance of high prices, constraining upside room for prices. In the short term, ADC12 prices were expected to fluctuate rangebound, and further gains would still require substantive improvement on the demand side.
5 hours ago
Improving Macro Sentiment Drove a Rebound in Tin Prices, While Follow-Through in Spot Transactions Remained Limited [SMM Tin Midday Commentary]
8 hours ago
Improving Macro Sentiment Drove a Rebound in Tin Prices, While Follow-Through in Spot Transactions Remained Limited [SMM Tin Midday Commentary]
Read More
Improving Macro Sentiment Drove a Rebound in Tin Prices, While Follow-Through in Spot Transactions Remained Limited [SMM Tin Midday Commentary]
Improving Macro Sentiment Drove a Rebound in Tin Prices, While Follow-Through in Spot Transactions Remained Limited [SMM Tin Midday Commentary]
[SMM Midday Tin Commentary: Improving Macro Sentiment Drove a Rebound in Tin Prices, While Follow-Through in Spot Transactions Remained Limited]
8 hours ago