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14 Mar
04:19

Xingda furthers steel cord capacity expansion

The Jiangsu production base of China-listed Jiangsu Xingda Steel Tyre Cord passed the completion acceptance for the safety facilities of the first phase of its radial tires used steel cord capacity expansion project this March. Kallanish notes that the production line of the first phase expansion was commissioned by end of 2021, which added 150,000 tonnes/year steel cord making capacity with investment of CNY 1.52 billion ($211.4m). This took capacity to 850,000 t…
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