The leader of the world production of steel rental, China, despite some overproduction in his region, decided to invest 133.67 billion yuan, about 23 billion US dollars, which allowed new meters.
In total, the leadership of the People’s Republic of China allowed the construction of two new metallurgical plants. The first will be built by Wisco (Wuhan Iron and Steel) in the city of Fanchenggan, Guangsi-Juan Autonomous Autonomous Autonomous Office with the planned smelting indicators of 9 million tons per year (8 million tons of finished rental). The volume of investments is scheduled for 64 billion yuan. The second -circuitry is allowed to build Baosteel in the province of Guangdun, next to Hong Kong. The volumes of steel production at this enterprise are scheduled for 10 million tons of raw steel or 9.5 million tons of finished metal rolling. The cost of the plant will be 67 billion yuan.
Recall that today the daily smelting of steel in China is 2.019 million tons.
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