Construction work is continuing on the Yulong Lianfeng stainless steel cold rolled project in the city of Changge in China’s Henan Province and is expected to be completed by May this year, with production also expected to be launched by then, as reported by Chinese media.
The project, in which RMB 250 million ($39.8 million) is being invested, is a joint venture of Jiangsu Province-based steel producer Lianfeng Iron and Steel Co. (Lianfeng Steel) and Henan Yulong Group, and will produce stainless cold rolled steel sheet with an annual output capacity of 300,000 mt.