Xining Special Steel to invest USD 143.78 mln in 3 JVs, covering coal, coking and iron production.

China Business News | February 6, 2004 | Copyright

Xining Special Steel to invest USD 143.78 mln in 3 JVs, covering coal, coking and iron production

Shanghai. February 6. INTERFAX-CHINA - In light of booming demand for iron and steel products, and the subsequent surging requirement for further raw materials, Shanghai-listed Xining Special Steel Co. Ltd. has announced its plan to invest in three joint ventures, covering steel and upstream products used in steel production, such as coal and coke.

The three projects are estimated to involve a combined investment of RMB 1.19 bln (USD 143.77 mln), of which, RMB ...

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