Trade Resources Industry Views TISCO Announced That Its Investments in Major Projects Amounted to RMB 7.822 Billion

TISCO Announced That Its Investments in Major Projects Amounted to RMB 7.822 Billion

Shanxi Province-based Chinese steelmaker Taiyuan Iron and Steel Co. (TISCO) has announced that in the January-August period this year its overall investments in major projects in Shanxi amounted to RMB 7.822 billion ($1.28 billion), exceeding its full-year investment target of $1.16 billion. Meanwhile, total investments by steelmakers in major projects in Shanxi Province in the given period reached RMB 337.5 billion ($55.15 billion), up 44.74 percent year on year and equivalent to 76.24 percent of the aggregate full-year investment target in the province for steel producers.

Source: http://www.steelorbis.com/steel-news/latest-news/tisco-achieves-annual-investment-target-for-shanxi-ahead-of-schedule-788387.htm
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TISCO Achieves Annual Investment Target for Shanxi Ahead of Schedule
Topics: Metallurgy