02
Apr
10:03
Yongjin slows stainless steel project in Gansu
Listed Yongjin Technology Group, a cold rolled stainless steel producer in China, has decided to delay the completion of its precision stainless steel sheet and strip project in Jiayuguan, Gansu. The first line, which has low utilisation, and mismatched supply and demand growth has triggered the slowdown, Kallanish understands.
This steelmaker planned to invest a total of CNY 1.23 billion ($170 million) to add 220,000 tonnes/year of precision cold rolled stainless…
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Anonymous
Very good overview of the weekly steel market.
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