Sichuan Province-based Chinese steelmaker Pangang Group Steel Vanadium & Titanium Co. (Pangang Vanadium & Titanium) has announced that it has started construction of the third phase of its Dahai industrial park.
Accordingly, after completion, Pangang Vanadium & Titanium’s plant area will increase by 15,000 square meters and it will possess two more finished steel processing lines. In addition, its annual production capacity will exceed 400,000 mt, with an annual output value totaling RMB 150-200 million ($22.76-30.35 million).