Meijin Iron & Steel's capacity replacement project settles in Yuanping, Shanxi
2021-05-19 16:38:09 [Print]
On May 17th, Yuanping government signed "Shanxi Meijin Iron & Steel Co
The total investment of the project is RMB11.959 billion (USD1 . 86 billion) and the designed annual capacity of the project includes 3 . 518 million tons of iron and 3 . 09 million tons of steel . After completion, the project will achieve an operating income of RMB14 . 029 billion (USD2 . 18 billion), a profit of RMB726 million (USD113 million) and a tax of RMB500 million (USD77 . 8 million).
. , Ltd . green smart new material industrial park cooperation agreement" with Shanxi Meijin Iron & Steel Co . , Ltd . based on the previous "green smart new material industrial park (steel capacity replacement project) strategic cooperation agreement".
The total investment of the project is RMB11.959 billion (USD1 . 86 billion) and the designed annual capacity of the project includes 3 . 518 million tons of iron and 3 . 09 million tons of steel . After completion, the project will achieve an operating income of RMB14 . 029 billion (USD2 . 18 billion), a profit of RMB726 million (USD113 million) and a tax of RMB500 million (USD77 . 8 million).