China's state-owned Shenhua Group Corporation announced that, in line with national emergency coal reserve plans, it plans to build up 1.7 million mt of emergency coal reserves. These reserves will be distributed between the company's storage facilities at various Chinese ports as follows; Huanghua Port (800,000 mt), Qinhuangdao Port (500,000 mt), Zhuhai Port (300,000 mt), Guangzhou Port (100,000 mt).
(sourced steelorbis)
Tags: coking coal , raw mat , China , Far East , East Asia and Pacific , Southeast Asia , steelmaking , investments
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