Maanshan Iron & Steel to purchase 280,000 tons of steelmaking capacity from Baosteel Special Steel
2022-06-08 11:58:15 [Print]
Maanshan Iron & Steel Company Ltd
. announced that Changjiang Iron & Steel, its subsidiary, signed the Ironmaking Capacity Replacement Index Transfer Agreement with Zhanjiang Iron & Steel and Baosteel Special Steel on June 7, 2022 . Changjiang Iron & Steel will transfer 550,000 tons of ironmaking capacity to Zhanjiang Iron & Steel and purchase 280,000 tons of steelmaking capacity from Baosteel Special Steel based on agreements.