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

Yashi Indonesia Investment’s first production line has been put into operations with the functioning of the first electric furnace that successfully tapped iron at its plant in Weidabei Industrial Park in Indonesia. 


This plant has an annual production capacity of 300,000mt, according to the Stainless Steel Council of China Special Steel Enterprises Association. 


Yashi Indonesia is a subsidiary of China’s Zhenshi Holding Group. Yashi plant consist of four production lines with the remaining three production lines to be put into operation one after another. Construction of the plant started in March 2019. 


The successful commissioning of the first production line has enabled Zhenshi to make major breakthrough in the production of ferronickel at RKEF.


Zhenshi Group is based in China’s Yangrze River Delta and company is a stainless-steel plate manufacturer. 

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