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Recently, the scrap steel industry has ushered in unprecedented development opportunities. With the preparation and establishment of China Resources Recycling Group, a new giant in the field of renewable resource recycling, this industry is standing at a new historical starting point.

The scrap steel industry ushers in a new chapter: China Resources Recycling Group is ready to take off

Recently, the scrap steel industry has ushered in unprecedented development opportunities. With the preparation and establishment of China Resources Recycling Group, a new giant in the field of renewable resource recycling, this industry is standing at a new historical starting point.

It is reported that China Resources Recycling Group is expected to be officially listed in late summer or early autumn this year, that is, in August or September, marking that my country's scrap steel resource recycling and utilization has entered a new stage of development.

The group was jointly funded by Tianjin Municipal People's Government, State-owned Assets Supervision and Administration Commission and several heavyweight central enterprises, with a total investment of 30 billion yuan, including an initial investment of 3 billion yuan.China Baowu Steel Group, China Petrochemical Corporation, China Baowu Steel Group, Aluminum Corporation of China, China Minmetals Corporation, China National Building Materials Group, China Resources (Group) Co., Ltd., etc.Many industry leaders, includingIt aims to reshape the scrap steel industry through strong alliances.