Jiangsu Shenyuan Group's special alloy material and high-speed wire intelligentization project starts construction
2022-06-21 15:48:40 [Print]
On the morning of June 18, Jiangsu Shenyuan Group Co., Ltd. held the groundbreaking ceremony for high-performance special alloy material industrialization and high-speed wire intelligentization technology transformation project.
With the planned total investment of RMB636 million (USD95.02 million), the high-performance special alloy material industrialization and high-speed wire intelligentization technology transformation project will form an annual production capacity of 200,000 tons of high-quality special steel, nickel-based alloys, electrothermal alloys and other special alloy wires, increase newly invoiced sales proceeds of RMB2 billion (USD299 million) and turn over more than RMB400 million (USD59.76 million) in profits and taxes after it goes into operation.
With the planned total investment of RMB636 million (USD95.02 million), the high-performance special alloy material industrialization and high-speed wire intelligentization technology transformation project will form an annual production capacity of 200,000 tons of high-quality special steel, nickel-based alloys, electrothermal alloys and other special alloy wires, increase newly invoiced sales proceeds of RMB2 billion (USD299 million) and turn over more than RMB400 million (USD59.76 million) in profits and taxes after it goes into operation.
Nickel Ore Philippine 0.8%min CIF China
Unit:USD/mt
China refined nickel producers' suspension number statistics by province by month
Unit: pcs
