19
Oct
06:18
Zhongjin to add more stainless cold-rolling capacity
Southern China’s Guangxi Zhongjin Metal Technology plans to add 600,000 tonnes/year of cold-rolled stainless sheet capacity, according to the Yulin city Environmental Protection Administration. The CNY 1.56 billion ($235.54 million) investment is undergoing its first round of environmental evaluation, Kallanish notes.
Zhongjin spent CNY 8m to purchase Guangxi Dingfeng Stainless Company in April, and commissioned one new 1.2 million tonnes/year hot-rol…
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Very good overview of the weekly steel market.
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