30
Nov
10:20
Jing’an starts stainless project construction
Jing’an Metal Materials in Inner Mongolia has started the construction of its stainless steel project. This has a design capacity of 1.29 million tonnes/year of crude stainless steel and 1.26m t/y of stainless billet, Kallanish notes.
The company plans to invest CNY 5.5 billion ($836.1 million) into the project and build it in two phases. These include two 90-tonne AOD refining furnaces, two 90t LF refining furnaces, two 75t electric…
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Very good overview of the weekly steel market.
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