SANGANG MINGUANG: The company's capacity replacement and ultra-low emission transformation have entered the final stage
On February 19th, SANGANG MINGUANG stated during an institutional research meeting that the company's capacity replacement and ultra-low emission transformation have entered the final stage. The capacity replacement project for Quanzhou Minguang's steelmaking and supporting projects is still under construction, while other capacity replacement projects have basically been completed and put into use. It is expected that capital expenditures for new construction will significantly decrease after 2025. At the same time, it is anticipated that fixed asset scrapping will also decrease significantly in 2025
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