Shougang adds capital to coking project
Post Date: 04 Dec 2009 Viewed: 561
Shougang plans to invest an additional 820 million yuan in Guizhou Shougang Investment Company, a wholly-owned subsidiary of Shougang that owns 35 percent of Guizhou Songhe Coal and 51 percent of Guizhou Shouqian. In January of this year, Shougang injected 319 million yuan into Shougang Investment in relation to a two million t/y coking project run by Shouqin.