Guangdong Southern Donghai Iron and Steel starts first phase of Yunfu project
2020-01-07 16:55:58 [Print]
It's reported that the first phase of the Yunfu project of Guangdong Southern Donghai Iron and Steel Co
Guangdong Southern Donghai Iron & Steel Co., Ltd . plans to construct an annual output of 7 . 6 million tons of fine steel of Yunfu Project . The total investment of the project is RMB12 billion (USD1,720,645,883) and implemented in two phases . The first phase of construction will be 4 million tons, and it is planned to be completed and put into operation in June 2021; the second phase will be 3 . 6 million tons . After completion, it can realize an annual output value of RMB30 billion (USD4,301,614,707) with profits and taxes of about RMB2 billion (USD286,774,313).
. , Ltd . has begun construction . So far, the project has completed an investment of about RMB1 billion (USD143,387,156).
Guangdong Southern Donghai Iron & Steel Co., Ltd . plans to construct an annual output of 7 . 6 million tons of fine steel of Yunfu Project . The total investment of the project is RMB12 billion (USD1,720,645,883) and implemented in two phases . The first phase of construction will be 4 million tons, and it is planned to be completed and put into operation in June 2021; the second phase will be 3 . 6 million tons . After completion, it can realize an annual output value of RMB30 billion (USD4,301,614,707) with profits and taxes of about RMB2 billion (USD286,774,313).