Anshan invests in foreign tools

PUBLISHED : Thursday, 27 November, 1997, 12:00am
UPDATED : Thursday, 27 November, 1997, 12:00am

Anshan Iron and Steel (Group) plans to purchase US$150 million worth of foreign equipment for a new casting project, the China Business Times says. The semi-continuous casting project had been approved by the State Council and was scheduled to start production in 2000, the newspaper said yesterday. The project would boost the firm's output of high value-added steel products, it said.