20
May
10:26
Tengkai postpones stainless project to September
Tengkai Metal Materials Co. (Tengkai) says it is now striving to complete its 1 million tonne/year stainless long steel project in Xiangshui before the end of September. It had previously been scheduled to commission in March, Kallanish notes.
The company is installing equipment, of which the heating furnaces have been completed. The capacity is designed to be 300,000 tonnes/year of high-speed stainless steel wire rod and 700,000 t/y of stainless bar (see Kal…
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Very good overview of the weekly steel market.
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