10
Jul
11:14
Fujian Tsingtuo signs stainless steel bar project
Fujian Tsingtuo Stainless Steel has signed an agreement with the local government in Fujian province's Fu'an city for a stainless steel bar project with an investment of CNY 6.135 billion ($876 million), Kallanish notes. The firm is a subsidiary of China's leading stainless steel producer, Tsingshan Group.
The steelmaker plans to build a total of 1.3 million tonnes/year of stainless steel capacity in the first phase, including a 1m t/y stainless steel …
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Anonymous
Very good overview of the weekly steel market.
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