20
Dec
03:13
Baosteel Stainless bats on with Fujian expansion project
Baosteel Stainless Steel is beginning the second phase of the project to increase production capacity at its Desheng site in Fujian province. The enhanced facility will add CNY 40.67million ($5.86m) estimated added revenue when it commissions in 2018, Kallanish notes.
The second phase has a total investment of CNY 4 billion, which includes a 700,000 tonnes/year stainless coil pickling line, now being built. A continuous casting line, a 1,780mm hot stri…
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Very good overview of the weekly steel market.
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