China's Sangang to set up a pipe subsidiary in Fujian

Source: Mysteel Dec 22, 2017 13:59

Shenzhen-listed Fujian Sangang Minguang Co. in South China's Fujian province, plans to invest Yuan 100 million ($15.2 million) in setting up a steel pipe subsidiary in Zhangzhou city.

Shenzhen-listed Fujian Sangang Minguang Co. in South China’s Fujian province, plans to invest Yuan 100 million ($15.2 million) in setting up a steel pipe subsidiary in Zhangzhou city, Fujian, by making use of the steelmaking facilities at a local bankrupt steel mill that Sangang just acquired, according to a