Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

The first phase of China’s Aozhan Stainless Steel Products Demonstration Park is scheduled to be operational by the end of 2020. Construction of the first phase of Qingtuo Technology’s 600,000mt annual capacity cold rolling and deep processing plant in Fu’an will also be completed by December. In the first phase, Qingtuo Technology’s steel plant will produced 300,000mt stainless steel products.


Fujian province-based Aozhan Stainless Steel Park aims to create a new SS materials industrial chain surrounded by four industrial clusters including lithium battery manufacturers, electric and new energy vehicle makers, copper smelters and stainless steel new materials producers. The total investment for the Aozhan SS Park is CNY1.2bn and the project is expected to complete in three phases spanning across three years and house 50 industrial units. 


The park aims to provide a complete manufacturing industrial chain to accelerate the advancement of battery manufacturing for global electric and hybrid energy vehicles, speed-up commercialization of electric vehicles and address the anticipated huge demand for battery materials from the auto sector.


In the first phase, Qingmei Energy Materials’s battery ternary cathode material project will be piloted in October and Hongtai’s 50,000mt annual capacity of SS seamless pipes will also be constructed by December. The investment for the first phase is CNY400mn for an annual production capacity of 250,000mt of stainless steel products including SS fasteners, wires, chains, rolls, welded pipes, stamping parts, wire ropes, moulds and equipment. 

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