Anyang Steel to build 6 projects in Zhoukou

Published: Aug 21, 2019 14:31

Save

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.

Steel

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 for 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

16 hours ago

After Delivery, Sharp Drop in Copper Prices Curbs Suppliers' Shipments [SMM Secondary Copper Daily Review]

16 hours ago

17 hours ago

[SMM Analysis]From Aurubis to Nexans and Wieland: Why Are European and US Copper Companies Expanding Recycling Capacity?

[SMM Analysis: From Aurubis to Nexans and Wieland: Why Are European and US Copper Companies Expanding Recycling Capacity?]European and US copper companies have accelerated investment in recycled raw materials. Copper scrap is therefore becoming more than a supplement to primary copper. It is increasingly viewed as a strategic resource that can improve raw material security, diversify earnings and reduce product carbon footprints.

17 hours ago

18 hours ago

August 18 Scrap Battery Market Trading Summary [SMM Daily Review]

18 hours ago