It is reported that the CR project invested by Anshan Iron & Steel Group Corp with CNY 3.8 billion broke earth on February 6 at Putian in Fujian.

As per report, Anshan Steel Group fulfilled the agreement which was signed with Fujian Government in December 2009.

The CR project is to build itself into a deep processing plant with yearly capacity designed at 1 million tonnes. And, the plant plans to produce CR sheet for household appliance and auto industries.

The new plant will be a start of the group march in Fujian. As per the agreement, it’s hopeful that the group will regroup mills in Fujian after setting up the CR plant.

(Sourced from MySteel.net)
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