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

Yangjiang city government in Guangdong, China plans to set up 132 key stainless steel plants with a total investment of CNY 236.43bn, according to Metallurgical news. 

 

Major projects include:-

CompanyProject detailsCompletion
Yangjiang Lianchang stainless steel plant  The first phase of construction will add 14 finishing production lines for full-roll frosting and other products, designed with a production capacity of 180,000mt and capacity  expansion for the second phase includes construction of 9 finishing project lines  designed to produce 120,000mt.Aug 2021
Yangjiang Hongwang steel plantConstruction of two-stand continuous rolling and annealing  which would increase the capacity by 500,000mt. June 2021
Guangdong Century Qingshan Nickel plantUpgradation and transformation of the original two 60000KVA ore heating furnaces and addition of two 36000KVA ore heating furnaces, increase smelting workshop. Total annual capacity of the project is 50,000mt.Dec 2021

 

 

 

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