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The Memorabilia of the steel industry in March 2012
Source:Xin Steel Industry   Date:2013/01/11

The MIIT approved the merger restructuring program of Shougang and Tonghua Iron and Steel reported by Jilin Province Department of Industry on March 1st.


The Development and Reform Commission approved Panzhihua vanadium and titanium increment investment to the Australia the Carrara mining company and participate in Gindalbie equity financing project.


The National Development and Reform Commission approved the Baoshan Iron & Steel Co., Ltd. joint venture to build a seamless steel tube project in Thailand.


The Australian Government Mineral Resource Rent Tax Act was passed on March 19th. The Australian government will levy 30% of the profits tax on the mining companies from July 1st, 2012.


Shanxi Province issued the "12th Five-Year Development Plan” of metallurgy claiming that the production capacity of crude steel and pig iron of the province should reach 15 million tons in 2015 and the steel industry output value should reach 600 billion yuan.


Chongqing Steel Traders Association signed the intention investment agreement with the Jiulongpo Tongguanyi town planned to invest 60 billion yuan to build the Western China International Steel Logistics Mall.

 

 

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