Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Baosteel aims to produce 66m tonnes of steel by 2015

Baosteel aims to produce 66m tonnes of steel by 2015

Beijing: While the Baltic Dry Index hovers at sluggish levels this past month, owners would have been alarmed at steel news today which came out today. China's Baosteel Group aims for a steelmaking capacity of 50 mt/year in 2012, and 66 mt/year in 2015, according to a release by Baosteel Monday. This compares poorly with a December 2008 announcement that the steelmaker would be churning out 80 mt by 2015. Last year, the leading Chinese mill produced just over 38 mt.  [28/06/10]   

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish

SMN_Podcast_Leaderboard.jpg