Hong Yu Energy becomes first coke supplier of Fangda Special Steel
2018-10-26 17:25:28 [Print]
On 18 October, Fangda Special Steel Technology Co
Fangda Special Steel began to source material from the local market from February and develop new purchasing platform for coke and established a cooperation with Hong Yu Energy in March. Hong Yu Energy has a production capacity of 1 . 3 million tons of tamping coke and its monthly supply increased from over 1,000t to 30,000t currently owing to high price-quality ratio, accounting for 40%-50% of Fangda Special Steel's purchases . The contract could integrate Hong Yu Energy's resource and transportation advantage and Fangda Special Steel's production effectively to realize win-win cooperation.
. , Ltd . signed the mid-to-long term contract from 2019 to 2024 with Jiangxi Hong Yu Energy, which became the first coke supplier of Fangda Special Steel.
Fangda Special Steel began to source material from the local market from February and develop new purchasing platform for coke and established a cooperation with Hong Yu Energy in March. Hong Yu Energy has a production capacity of 1 . 3 million tons of tamping coke and its monthly supply increased from over 1,000t to 30,000t currently owing to high price-quality ratio, accounting for 40%-50% of Fangda Special Steel's purchases . The contract could integrate Hong Yu Energy's resource and transportation advantage and Fangda Special Steel's production effectively to realize win-win cooperation.