Liaoning Province-based Chinese steel company Benxi Flat Steel, a subsidiary of Benxi Steel, has announced that it plans to bring in revenues of around RMB 80 million ($12.6 million) from the sale of facilities and related equipment at its Nanfen pelletizing plant in the city of Benxi.
Benxi Flat Steel stated that the capacity of Nanfen pelletizing plant meets only 10 percent of its total demand for raw material.