25
Jun
10:48
Guangdong Yongjin to expand strip capacity
Guangdong Yongjin has decided to expand the stainless strip capacity of its third phase from 80,000 tonnes/year to 350,000 t/y of cold rolled wide stainless steel strip, Kallanish notes from a stock exchanging filing by parent company Zhejiang Yongjin Metal Technology.
Construction is due to start in October and last for 15 months, following the re-submission and approval of all filing procedures. A total of CNY 458 million ($71m) will be invested i…
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Very good overview of the weekly steel market.
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