12
Jan
10:21
Yongjin to launch stainless pipe project
Listed Chinese steelmaker Zhejiang Yongjin Metal Technology will build a 100,000 tonnes/year capacity stainless steel pipe project, with an investment of CNY 1.05 billion ($162 million), it says in a stock exchange filing seen by Kallanish.
The project will be constructed and operated by a new company named Jiangsu Yongjin Stainless Pipe (JYSP). Zhejiang Yongjin's wholly-owned Jiangsu Yongjin Metal Technology is expected to control 51-70% of JYSP, followi…
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Anonymous
Very good overview of the weekly steel market.
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