According to China-based local newspaper Baotou Daily, Inner Mongolia-based Huaye Special Steel Co.'s relocation project has now been fully completed.
Being not only the 1st large sized privately owned stainless steel producer in Inner Mongolia, but also an appeal to business investment, Huaye Special Steel Co. always attracted the eyes in the market.
Due to the urban construction plan, Huaye Special Steel Co. will begin relocating in 2011. The steelmaking production capacity of the new plant is expected to 1 million mt in the coming 3 years.