Construction work has commenced on a new steel pipe processing base in Linyin industry park in Luohe in China’s Henan Province, as announced by the China Iron and Steel Association (CISA).
The planned annual output capacity of the steel pipe processing base, which is being built by Henan-based Dajiang Trade and Industry Co., is 100,000 mt, while total investment is expected to amount to RMB 150 million ($24 million). The new steel pipe processing base will occupy a site covering 2.33 hectares.