Construction work is continuing on the cold rolled steel project of Chinese company Tianjin Qifeng Group at Daqiuzhuang Industrial Park, Jinghai County, Tianjin City with production due to be launched in September this year, according to local media sources in Tianjin.
Construction commenced in November last year, while the total investment is expected to be RMB 1.5 billion ($240 million). Annual output capacity will reach 1.2 million mt, including
tinplate, deep-drawing cold rolled sheet, grain-oriented and non-grain-oriented electrical steel sheet, as well as steel
plate for the construction, home appliance and automotive sectors.