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23 Feb
09:21

Dadonghai launches cold rolling project in Fuzhou

Fujian-based Dadonghai Iron & Steel Group has reached an agreement with the Changle government in Fuzhou to launch its CNY 16 billion ($2.53 billion) high-end cold-rolled steel project, Kallanish learns. The company expects to reach 5 million tonnes/year of cold rolling capacity, meeting the needs of emerging industries such as new energy vehicles, photovoltaics, underground utility tunnels, offshore wind farms, and power equipment. Annual revenue and tax pay…
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