Shandong Xinhai Industrial to replace 1.62Mtpy of stainless steel capacity

In accordance with relevant guidelines and implementation measures issued by the State Council, the Department of Industry and Information Technology of Shandong Province on July 4 made public the high-end stainless steel capacity replacement scheme announced by Shandong Xinhai Industrial Co.Asian Metal CopyrightIn accordance with relevant guidelines and implementation measures issued by the State Council, the Department of Industry and Information Technology of Shandong Province on July 4 made public the high-end stainless steel capacity replacement scheme announced by Shandong Xinhai Industrial Co.Asian Metal Copyright, Ltd.Asian Metal Copyright and will seek public opinion till July 29.Asian Metal Copyright and will seek public opinion till July 29.

According to the scheme, the company plans to build a 120-ton AOD refining furnace with capacity of 1.62Mtpy to replace the capacity of other three companies at the ratio of 1:1.Asian Metal Copyright According to the scheme, the company plans to build a 120-ton AOD refining furnace with capacity of 1.Asian Metal Copyright Construction of the new furnace is scheduled in July 2022, with operation expected in October 2022.

.Asian Metal Copyright62Mtpy to replace the capacity of other three companies at the ratio of 1:1Asian Metal Copyright