Jinxi Steel to invest CNY1.34 billion to build coking mill 
(steelguru.com)
Updated:
2008-07-03 16:30
Counter:
It is reported that Hebei Jinxi Steel Co Ltd, which is the subsidiary company under China Oriental Group will invest CNY 1.34 billion to construct a coking mill with a capacity of 2.2 million tonnes per year.
As per report, Jinxi Steel expects to produce coke itself in order to reduce steelmaking cost and to confirm the supply.
According to Oriental Group Jinxi Steel has already signed construction contract and it would take 26 months to complete the project.
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