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    Songsheng Machinery strikes deal for magnesium alloy components project in Qingyang

    2024-06-24 14:58:26   [Print]
    On June 19, Zhejiang Songsheng Machinery Technology Co.Asian Metal CopyrightOn June 19, Zhejiang Songsheng Machinery Technology Co.Asian Metal Copyright, Ltd.Asian Metal Copyright2 million, the project has a planned land area of 35Mu 2.Asian Metal Copyright reached an agreement with Qingyang county to build a magnesium alloy components and parts project with an annual production capacity of one million units at Qingyang County Economic Development Zone.

    With a total investment of RMB350 million (USD48.2 million), the project has a planned land area of 35Mu (2.Asian Metal Copyright33 hectares, and when fully operational, it will be able to produce 1 million units of magnesium alloy components and parts for general machinery and automobile and motorcycle.Asian Metal Copyright33 hectares), and when fully operational, it will be able to produce 1 million units of magnesium alloy components and parts for general machinery and automobile and motorcycle.Asian Metal Copyright93 million.Asian Metal Copyright It is expected to achieve an annual production value of RMB200 million (USD27.Asian Metal Copyright With a total investment of RMB350 million USD48.Asian Metal Copyright54 million) and tax revenue of RMB14 million (USD1.Asian Metal Copyright33 hectares, and when fully operational, it will be able to produce 1 million units of magnesium alloy components and parts for general machinery and automobile and motorcycle.Asian Metal Copyright93 million).

    .Asian Metal Copyright, LtdAsian Metal Copyright
    Magnesium Alloy AZ91D EXW China
    Unit:RMB/mt
    Magnesium Alloy AZ91D EXW China RMB/mt
    China magnesium alloy producers' number MoM output increase statistics by month
    Unit: pcs
    China magnesium alloy producers' number MoM output increase statistics by month
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