Accident at Chinese Baosteel's Plant

  • Wednesday, December 19, 2012
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  • Keywords:Accident Baosteel Plant
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[Ferro-Alloys.com]Reportedly, the Chinese steel giant Baosteel faced a fatal accident when a furnace fell, spilling molten iron. It’s also the third incident this year.

Within this year, a heat-supply vehicle at a plant exploded in July and a gas explosion at its Meishan steel plant in February.

Shares in Baosteel closed down 0.21% at RMB4.85 (USD0.78) on Monday.
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