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02 Feb
00:06

Jinhui Industry to expand stainless steel capacity

China’s Henan Jinhui Industry Group is planning to build a new stainless steel plant named “Henan Stainless Steel High-quality Material Industry City”, Kallanish notes. The company’s stainless steel business is in the hands of its subsidiary Henan Xinjinhui Stainless Steel. Jinhui intends to invest CNY 12 billion ($1.78 billion) in the plant with an area of about 247 acres. The main equipment will be centred on an electric arc furnace and 1…
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