Baowu shifts focus to south China with boost to steelmaking capacity in Guangdong

Baowu Steel, China’s largest steelmaker, is adding 4.03 million tonnes to its hot metal capacity and 3.61 million tonnes to crude steel capacity at its Zhanjiang city production site in Guangdong province, south China.

The increases come at the expense of production cuts at operations in Shanghai and in Jiangsu province. Baowu cut 1.18 million tons of capacity at its Nanjing-based subsidiary Shanghai Meishan Iron...


Miranda Song

July 05, 2018

13:39 GMT