Capacity replacement details issued for Xinjiang Kunyu Iron and Steel

Tuesday, 02 July 2019 11:51:16 (GMT+3)   |   Shanghai
       

The Department of Industry and Information Technology of China’s Xinjiang Autonomous Region has issued the capacity replacement details relating to the elimination of one 450 cubic meter blast furnace and one 50 mt converter belonging to Xinjiang Autonomous Region-based Kunyu Iron and Steel, which represent a total of 500,000 mt of iron-smelting capacity and 700,000 mt of steelmaking capacity.

Accordingly, the elimination of old iron-smelting capacity will be transferred to the 7.0 million mt capacity quality special steel project of Hubei Province-based Jingshenglan Metallurgical Technology Co. At the same time, the old steelmaking capacity in question will be transferred to the 8.0 million mt capacity quality special steel project of Guangdong Province-based Jinshenglan Metallurgical Technology Co.


Most Recent Related Articles

Local Chinese pig iron prices in China - week 4

Samancor Chrome plans to retrench staff amid tough business conditions

Ex-CIS billet prices under pressure from weak demand, negative sentiment in scrap

Short sea scrap price down sharply in fresh deals to Turkey