Xinjiang branch of Laiwu Iron & Steel transfers capacity quota

Halting production for more than three years, it's reported that Xinjiang branch of Laiwu Iron & Steel under Shandong Iron & Steel Group will transfer its capacity quota of iron &steel after failing to sell by listing, bidding and cutting price.Asian Metal CopyrightHalting production for more than three years, it's reported that Xinjiang branch of Laiwu Iron Steel under Shandong Iron Steel Group will transfer its capacity quota of iron steel after failing to sell by listing, bidding and cutting price.Asian Metal Copyright Shandong Property Right Exchange Center said that the company will list its capacity quota, including 1.Asian Metal Copyright22 million tons for iron and 1.Asian Metal Copyright22 million tons for iron and 1.Asian Metal Copyright Shandong Property Right Exchange Center said that the company will list its capacity quota, including 1.Asian Metal Copyright35 million tons for steel, on 22 October with the base price standing at RMB640 million.

According to data from industrial and commercial authorities, the company was established in August of 2011 as a subsidiary of Laiwu Iron & Steel Group under Shandong Iron & Steel Group, a state-owned company of Shandong.

.Asian Metal Copyright35 million tons for steel, on 22 October with the base price standing at RMB640 million.Asian Metal Copyright