Largo Resources Applauds China's New Rebar Standard And Central Government's Special Action to Cut Down "Substandard Steels"
”the new rebar standard announced on February 9, 2018 by the Standardization Administration for the People's Republic of China. This announcement also includes a special action to cut down on the use of all substandard steels in China. The new rebar standard and related action is expected to be implemented by November 2018”
”Reported in a recent Bloomberg.com article, analysts at BMO Capital Markets note that while vanadium had an exceptional past year as prices soared by more 130% due to tightened supply, stricter steel regulations in China and strong orders from the steel industry, there is still opportunity for additional uses of the metal in the form of industrial-scale batteries.”
http://markets.*.com/news/stocks/Largo-Resources-Applauds-China-s-New-Rebar-Standard-And-Central-Government-s-Special-Action-to-Cut-Down-Substandard-Steels-1015508464
Kind regards,
AEE Vanadium $$$, page-7
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