Tenglong Group invests in new stainless wire rod project

Zhejiang Province-based Chinese wire rod manufacturer Tenglong Stainless Steel Wire Group has announced that it plans to invest in a new high value-added stainless wire rod project.
 
The new project is expected to be put into production early next year. Tenglong Stainless Steel Wire Group's annual sales of stainless wire rod have reached 150,000 mt, ranking first among other stainless wire rod producers in the world.