08
May
01:21
Fujian Fuxin to commission cold rolling project
Fuxin Special Steel in Fujian province's Zhangzhou city plans to commission its cold rolled stainless steel project by the end of 2020, Kallanish notes.
The cold rolling project launched construction in June 2018, supported by its shareholder, Taiwan's Formosa Plastics Group, which invested TWD 4.35 billion ($145.65 million). Formosa took a 29.16% share of Fuxin after inputting its funds.
The whole project with investment of $500 million will install…
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Very good overview of the weekly steel market.
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