Donghai Steel Group in Tangshan city in North China’s Hebei province, is planning to build a new 4 million tonne/year electric arc furnace-based steel mill in South China’s Guangdong province, a company official confirmed on Tuesday.
Donghai Steel will invest some Yuan 6 billion ($843 million) to build the new steelworks, which will cover an area of 667,000 sq m in Yuncheng district in Guangdong’s Yunfu city, according to a post of the Yuncheng district government on September 9. Donghai and the Yuncheng government had signed