China’s Shagang to swap for 4 million t/y new capacity
Nov 22, 2019 12:30
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Industry and Information Technology Department of Jiangsu is collecting public feedback over November 20-27 regarding the proposal from Shagang Group, its largest local steel mill to trade in eight old small-sized blast furnaces for two 2,350 cu m blast furnaces or 4 million tonnes/year steel capacity according to a bureau’s notice, which is for lower emission and at the same time cost effectiveness.
Shagang, also China’s largest privately-owned steel producer in East China’s Jiangsu province, plans to construct the first large-sized blast furnace starting March 2020 and to commission the facility in August 2021, and the second one will commence construction in December 2021 and be completed in March 2023, according to the