Echeng Iron & Steel to build network-type steel production base

Echeng Iron & Steel under China Baowu Group will invest RMB2.Asian Metal Copyright .Asian Metal Copyright14 billion (USD300,718,070) to construct a network-type steel production base, which represents an annual production capacity of 1.Asian Metal Copyright5 million tons of short route steel, in Shuanglian industrial park in Dangyang.Asian Metal Copyright5 million tons of short route steel, in Shuanglian industrial park in Dangyang.Asian Metal Copyright5 million tons of short route steel, in Shuanglian industrial park in Dangyang.Asian Metal Copyright The company plans to start the construction of the project in May 2020 and put it into formal operation in April 2021.Asian Metal CopyrightEcheng Iron Steel under China Baowu Group will invest RMB2.Asian Metal Copyright The project can create annual production values of RMB6 billion (USD843,134,775) and annual taxes of over RMB200 million (USD28,104,493).
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