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    Sangang Minguang terminates contract with Laiwu Iron & Steel Xinjiang Company

    2019-01-24 14:52:18   [Print]
    On 23 January, Fujian Sangang Minguang Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright On 29 December, 2018, Laiwu Iron Steel Xinjiang Company was required by local authorities to resubmit application based on its actual capacity quota as it was found cheating, so it decided to withdraw the quota that was listed for transfer recently.Asian Metal Copyright ("Sangang Minguang") signed an agreement with Laiwu Iron & Steel Xinjiang Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright814 billion through online auction on 16 November, 2018.Asian Metal Copyright under Shandong Iron & Steel Group ("Laiwu Iron & Steel Xinjiang Company") on terminating the transfer of iron & steel capacity quota.

    Sangang Minguang got Laiwu Iron & Steel Xinjiang Company's iron & steel capacity quota, including 1.22 million tons of iron and 1.Asian Metal Copyright814 billion through online auction on 16 November, 2018.Asian Metal Copyright35 million tons of steel, at a total price of RMB1.Asian Metal CopyrightOn 23 January, Fujian Sangang Minguang Co.Asian Metal Copyright814 billion through online auction on 16 November, 2018.

    On 29 December, 2018, Laiwu Iron & Steel Xinjiang Company was required by local authorities to resubmit application based on its actual capacity quota as it was found cheating, so it decided to withdraw the quota that was listed for transfer recently. The quota will be auctioned again after the verification process.

    .Asian Metal Copyright The quota will be auctioned again after the verification processAsian Metal Copyright
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