A groundbreaking ceremony has been held in Taiyuan in China's Shanxi Province for the new stainless steel processing center of Shanxi-based Chinese steelmaker Taiyuan Iron and Steel Co. (TISCO) and Jiangsu-based Daming Metal Products Co.(Daming). The planned investment is RMB 1.08 billion ($169 million). This is another key project of TISCO to accelerate the extension of its industrial chain and to build a world-class stainless steel production and processing base.
By 2015, the new center is expected to possess an annual stainless steel processing capacity of 500,000 mt and a sales income of RMB 8.0 billion ($1.254 billion) per year.
Daming Metal Products Co. is mainly engaged in steel processing, marketing and distribution.
Groundbreaking held for stainless processing project in Taiyuan, China
Tags: Stainless Stainless products China East Asia and Pacific Far East Steelmaking Investments Tisco
Similar articles
Ex-China stainless steel prices fall as expected, softer futures reflect weak market
09 Jun | Flats and Slab
No increase possible in ex-China CRC prices amid sufficient supply, limited demand
03 Jun | Flats and Slab
Local Chinese stainless steel prices remain stable amid support from cost side
03 Jun | Flats and Slab
Marketplace Offers
Hot Drawn Stainless Plate
Thickness: 0.4 - 10 mm
Width: 1,000 - 2,000 mm
Length: 2,000 - 6,000 mm
ERGEN ZIRAAT MAK. SAN. TIC. LTD.STI.
Thickness: 0.4 - 10 mm
Width: 1,000 - 2,000 mm
Length: 2,000 - 6,000 mm
ERGEN ZIRAAT MAK. SAN. TIC. LTD.STI.
Cold Drawn Stainless Plate
Thickness: 0.4 - 10 mm
Width: 1,000 - 2,000 mm
Length: 2,000 - 6,000 mm
ERGEN ZIRAAT MAK. SAN. TIC. LTD.STI.
Thickness: 0.4 - 10 mm
Width: 1,000 - 2,000 mm
Length: 2,000 - 6,000 mm
ERGEN ZIRAAT MAK. SAN. TIC. LTD.STI.
Hot Drawn Stainless Plate
Thickness: 2 - 6 mm
Width: 1,000 - 1,500 mm
Length: 2,000 - 6,000 mm
MAIAK-M
Thickness: 2 - 6 mm
Width: 1,000 - 1,500 mm
Length: 2,000 - 6,000 mm
MAIAK-M