SD Steel to invest in construction of 11.5Mtpa steel project with China Baowu
2023-03-09 12:05:55 [Print]
The Shandong Provincial Party Committee and Provincial Government recently held a conference in boosting high-quality development of the provincial industrial economy in Jinan
. The chairman of Shandong Iron and Steel (SD Steel) said that, together with China Baowu, SD Steel planned to invest RMB75 billion (USD10 . 79 billion) to build 11 . 5Mtpa Rizhao High-quality project Phase II and RMB22 billion (USD3 . 17 billion) to build 3 . 6Mtpa one-step project Phase II, which strive to start construction before the end of the year.