Baosteel Desheng to put good-quality stainless steel project into full operation in 2022
2021-11-30 16:35:30 [Print]
As the leader of Luoyuanwan steel industry base in Fujian Province, Baosteel Desheng Stainless Steel Co., Ltd. under China Baowu Steel Group invested 13.6 billion yuan (2.13 billion US dollars) to start the construction of high-quality stainless steel green industry base in 2018 and will be fully put it into operation next year.
Baosteel Desheng, together with the original production line, will not only form a capacity scale with an annual output of 4.7 million tons and an annual output value of more than 40 billion yuan (6.28 billion US dollars), but also make up for the shortcomings in the existing production chain and realize the full coverage of the steel industry chain from mineral raw materials to stainless steel products.
Baosteel Desheng, together with the original production line, will not only form a capacity scale with an annual output of 4.7 million tons and an annual output value of more than 40 billion yuan (6.28 billion US dollars), but also make up for the shortcomings in the existing production chain and realize the full coverage of the steel industry chain from mineral raw materials to stainless steel products.
