CISA CONF 2018: Shaanxi Steel to expand international reach with investments in Indonesia

West China's Shaanxi Iron & Steel Group, aims to extend its international presence as part of the Chinese ‘one belt, one road’ initiative, with two steelmaking projects in Indonesia.

One steel complex Indonesia will have a capacity of 7.5 million tonnes, with Shaanxi working alongside Shandong Fuhai Group, which already operates a mine there with an iron ore concentrate production capacity of 6 million tonnes per year, Shaanxi Steel Group president Yang Haifeng told delegates at the China Iron...

Published

Gladdy Chu

March 29, 2018

11:27 GMT

Xi'an