Is the WISCO Fangchenggang project good?

Because of the overcapacity of steel, in 2009, the Fangchenggang project invested by WISCO with more than 60 billion yuan was stopped by the national ministries.

This project is an important step for WISCO to implement its southwest strategy, with 30 million tons of development space reserved.

But with the recovery of the steel industry in the next few years, this plan will definitely be restarted.

WISCO Fangchenggang project is a steel production project with a capacity of10 million tons, that is, the designed annual output capacity is 65.438 million tons.

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