China's Huaye Special Steel Company completed the first phase of its
stainless steel project in northern
China's Inner
Mongolia Autonomous Region.
Completion of the first phase of the three-phase project allows Huaye to produce 600'000 tons of continuous cast
stainless steel billets per annum.
The second phase of the project will provide Huaye with an added 600'000 tons of hot rolled
stainless medium width strip and 60'000 tons cold rolled
stainless medium width strip per annum when it is completed in April 2006.
The third phase project will start in early 2007. This final phase will increase the medium
plate production by 300'000 tons when it is completed the following year.