18 ferronickel production lines in Inner Mongolia Jing'an Phase I expected to be installed in October
2021-04-16 15:34:56 [Print]
It is reported that Inner Mongolia Naimanqi Jing'an Nonferrous Metal Materials Co., Ltd. fully resumed work. It is expected that by October, all 18 ferronickel production lines of the first phase of Jing'an will be installed.
This project, with a total investment of 15 billion yuan (USD2.30 billion), plans to build a production line with an annual output of 1.2 million tons of ferronickel, 600,000t of silicomanganese, 400,000t of HC ferrochrome and 1,294,700t of stainless steel. After being put into commercial operation, the annual gross industrial output value will reach over RMB48 billion (USD7.35 billion), and tax revenue will increase by over RMB1.5 billion (USD0.23 billion).
This project, with a total investment of 15 billion yuan (USD2.30 billion), plans to build a production line with an annual output of 1.2 million tons of ferronickel, 600,000t of silicomanganese, 400,000t of HC ferrochrome and 1,294,700t of stainless steel. After being put into commercial operation, the annual gross industrial output value will reach over RMB48 billion (USD7.35 billion), and tax revenue will increase by over RMB1.5 billion (USD0.23 billion).
Ferro-chrome S.A. Cr 50%min, C 8%max CIF China
Unit:USD/lb Cr
China High carbon ferrochrome producers' suspension number statistics by province by month
Unit: pcs
