Guangxi Province-based Chinese steelmaker Liuzhou Iron & Steel Co., Ltd. (Liuzhou Steel) has announced that it plans to spend RMB 3.722 billion ($0.54 billion) on fixed asset investment in 2026.
In particular, RMB 510 million ($73.6 million) will be used in newly-built projects, including technical upgrades in steelmaking and iron smelting, while RMB 2.829 billion ($0.41 billion) will be used in ongoing construction projects, including sintering plants and iron smelting plants.
