Tsingshan and Guangxin plan to add stainless steel output of four million tons in Yangjiang
2020-09-24 14:08:03 [Print]
On September 22, the president for board of directors of Tsingshan Industry and the chairman of Guangxin Group visited Yangjiang of Guangdong together and held a meeting with relevant officials from authorities of Yangjiang.
The two parties deeply discussed further investment in Yangjiang and improvement of development for local stainless steel industry. They decided to add stainless steel output of four million tons in Yangjiang and a 2250 rolling machine to continue assisting the growth of social economy in Yangjiang.
It is said that the newly-added stainless steel output of four million tons in Yangjiang will be operated simultaneously with Tsingshan's ferronickel project of three million tons in Indonesia as a support.
The two parties deeply discussed further investment in Yangjiang and improvement of development for local stainless steel industry. They decided to add stainless steel output of four million tons in Yangjiang and a 2250 rolling machine to continue assisting the growth of social economy in Yangjiang.
It is said that the newly-added stainless steel output of four million tons in Yangjiang will be operated simultaneously with Tsingshan's ferronickel project of three million tons in Indonesia as a support.
