Shaanxi Huaxin to transfer 1.2Mtpa of steelmaking capacity

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Shaanxi Huaxin Special Steel Group Co., Ltd. plans to transfer 1,200,000tpa of electric furnace steelmaking capacity to Guangxi Shenglong Metallurgical Co., Ltd. for a capacity expansion project in Fangchenggang, according to a notice issued by the Department of Industry and Information Technology of Shaanxi Province.