Tag: Bapfeng Steel

China’s Baofeng to Invest in New Steel Hub amid Stringent Production Cuts

Aug 23, 2018

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by

Aditi Tiwari

in HRC

According to the latest updates, China’s medium-sized steel mill, Baofeng Special Steel which is currently based in Xuzhou city of Jiangsu province is set to invest about RMB 50 million (USD 7.27 billion) in the coastal city of Yancheng to build a new steel production base with an annual capacity of 8 MnT. Only recently,…