Work on the construction of five continuous tandem rolling mills and related production lines has been completed at Chinese steelmaker Fuan Xinmao Cold Rolling Silicon Steel Co., which is based at the Fuan Wanwu industry and trade district in the city of Fuan in the province of Fujian.
The overall investment in the project is RMB 1.68 billion ($260.47 million), while the annual output capacity is expected to be 2 million mt of cold rolled silicon steel.