Taiyuan Iron and Steel (TISCO) successfully commissioned a new stainless steel cold rolling machine with an annual capacity of 200,000mt, according to the media reports. The plant will produce high-end cold-rolled ferritic stainless steel sheets.
The construction on the project had started in August 2020 and is said to be completed ahead of time. It entailed an investment of CNY70mn ($10.83mn). The plant is one of the key transformation and upgradation projects in the Shanxi province. It was in tune with the company’s 7vision to improve the quality of their product.