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03 Nov
10:08

Yongxing Materials plans stainless steel project

Chinese stainless steel producer Yongxing Materials plans to build automotive high pressure rail, gas valve and stainless steel bar projects. The company aims to position itself amid rising stainless steel demand in China, Kallanish learns from the firm. The capacity of these projects totals 20,000 tonnes/year. Yongxing will invest CNY 180 million ($26.91m) in the next 24 months to build the projects. The company's main business is the development, …
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