Fujian Xuyou's 80ktpy stainless steel pipe and fitting project starts construction
2022-07-06 16:10:31 [Print]
On June 30, green and environmentally friendly antibacterial stainless steel pipe and fitting project of Fujian Xuyou Stainless Steel Co., Ltd. started construction in Jingang Industrial Zone, Luoyuan Bay Development Zone, Luoyuan, Fuzhou.
With the total investment of RMB1.06 billion (USD158 million), the project is a key project of strengthening and supplementing the chain of Luoyuan Bay's steel industry chain for RMB100 billion (USD14.88 billion), and will mainly use local Baosteel Desheng's stainless steel plates as raw materials to produce high-end metal pipe products. The project is expected to be formally put into operation in March 2023, and the annual production capacity will reach 80,000 tons after it goes into operation.
With the total investment of RMB1.06 billion (USD158 million), the project is a key project of strengthening and supplementing the chain of Luoyuan Bay's steel industry chain for RMB100 billion (USD14.88 billion), and will mainly use local Baosteel Desheng's stainless steel plates as raw materials to produce high-end metal pipe products. The project is expected to be formally put into operation in March 2023, and the annual production capacity will reach 80,000 tons after it goes into operation.
