HBIS to Begin Laoting Iron and Steel Base Project in Early 2023

BEIJING--September 27, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--HBIS Group (Shijiazhuang, China) expects to begin construction soon on the second phase of its Laoting Iron and Steel Base project in China's Heibi province with a total investment of 26.277 billion yuan (US$3.6 billion), according to a company announcement. The Phase II project will be implemented in two steps.