Jinboyu Island's 700ktpy precision stainless steel plate and strip project starts construction
2022-10-28 15:06:13 [Print]
On the morning of October 26, Jinboyu Island's 700ktpy precision stainless steel plate and strip and supporting finishing project started construction in Xiazhi, Putuo
. With a covering area of about 49 . 42 acres and a total investment of RMB2 billion (USD277 million), the project is invested and constructed by Zhejiang Tsingshan Digital Science and Technology Co . , Ltd . , the holding subsidiary of Tsingshan Group . After the project is put into operation, it is expected to achieve an annual production capacity of 700,000t and an annual output value of RMB10 billion (USD1 . 38 billion), and will become a large-scale high-end precision stainless steel production body with excellent quality in East China.