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09 Dec
09:08

Guangxi Wuzhou introduces two stainless projects

Wuzhou City in Guangxi province has contracted two stainless projects with Wuzhou Xinfeng Special Steel and Zhejiang Wenzhou Xinsen Fastener respectively, Kallanish notes. Xinfeng Steel plans to invest CNY 300 million ($45.96m) into the construction of over 300 stainless steel pipe production lines. The design capacity of 300,000 tonnes/year of high-end stainless steel pipe is estimated to generate annual revenue and tax payment of CNY 1 billion and CNY 10m r…
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