11
Oct
11:01
Zhenshi, Hangzhou Steel plans stainless steel project
China's Zhenshi Group has signed with Hangzhou Steel Group in Zhejiang Province to develop a stainless steel project in Zhejiang Province's Jiaxing City.
The companies plan an investment of CNY 20 billion ($2.73 billion) for 3 million tonnes/year of stainless steel capacity at the Hangzhou Steel-Zhenshi Stainless Steel Intelligent Manufacturing Industrial Park, Kallanish notes. Through electric arc furnace steelmaking, the final products will serve LN…
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Anonymous
Very good overview of the weekly steel market.
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