Public notice issued for Guangxi Guixin Steel's capacity transfer plan

On November 4, the Department of Industry and Information Technology of Guangxi Zhuang Autonomous Region released a public notice regarding the capacity transfer plan of Guangxi Guixin Steel Intelligent Manufacturing Co., Ltd. The public notice period runs from November 4 to November 24.

The company intends to transfer 5,000tpy of steelmaking capacity--including two 70-tonne electric arc furnaces--from Hezhou City to Fujian Great Dong Hai Corporation.