Quzhou Yuanli's 3.45Mtpy premium special steel capacity replacement scheme approved
2022-06-28 16:13:09 [Print]
The 3
According to the scheme, the company plans to close five 70-ton rotating furnaces for steelmaking capacity of 5 million tonnes per year (Mtpy) and transfer 200,000 tpy of capacity to Taizhou Huadi Industrial Co., Ltd . (180,000tpy for the replacement), with 5 . 18Mtpy in total to be shut down . The company will build three new 100-ton rotating furnaces for a combined capacity of 3 . 45Mtpy, with construction to kick off in 2023 and production to begin in 2025 . The replacement ratio is 1 . 5:1.
. 45Mtpy premium special steel capacity replacement scheme announced by Quzhou Yuanli Metal Products Co . , Ltd . has been approved by the Economy and Information Technology Department of Zhejiang . It was previously made public during which period no rejection to the scheme was received.
According to the scheme, the company plans to close five 70-ton rotating furnaces for steelmaking capacity of 5 million tonnes per year (Mtpy) and transfer 200,000 tpy of capacity to Taizhou Huadi Industrial Co., Ltd . (180,000tpy for the replacement), with 5 . 18Mtpy in total to be shut down . The company will build three new 100-ton rotating furnaces for a combined capacity of 3 . 45Mtpy, with construction to kick off in 2023 and production to begin in 2025 . The replacement ratio is 1 . 5:1.