07
Nov
03:04
Xinfeng installs stainless HRC line
Xinfeng Special Steel in the Guangxi Wuzhou Stainless Steel Industrial Park started to install equipment for a new hot strip mill on 5 November, Kallanish notes.
This project, with an investment value of CNY 600 million ($85.56m), has a planned capacity of 1 million tonnes/year of 950mm stainless steel hot rolled coil. The line will be 350 metres in length.
Xinfeng says the new line will help the company to save 5-10% of production co…
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Very good overview of the weekly steel market.
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