Zhongpu Handan accelerates phase I silicon steel production

Since starting production on April 18, Zhongpu (Handan) Electromagnetic Materials Technology Co.Asian Metal Copyright2 billion USD446 million, took just 13 months from the start of construction in March 2024 to the first rollout of product.Asian Metal Copyright, Ltd.Asian Metal Copyright64 million annually in tax revenue.Asian Metal Copyright has rapidly increased output at its silicon steel project.Asian Metal Copyright2 billion USD446 million, took just 13 months from the start of construction in March 2024 to the first rollout of product.Asian Metal Copyright Monthly production of silicon steel, used for the new energy sector, grew from 3,500 tonnes in April to 22,000 tonnes in May and 25,000 tonnes in June, with total output now exceeding 50,000 tonnes.Asian Metal Copyright Phase I, with an investment of RMB3.Asian Metal Copyright The project produces ultra-thin silicon steel products with thicknesses below 0.Asian Metal Copyright23 million and over 1,100 jobs created.Asian Metal Copyright2 mm, featuring advanced performance that meets international standards.

Phase I, with an investment of RMB3.2 billion (USD446 million), took just 13 months from the start of construction in March 2024 to the first rollout of product.Asian Metal Copyright2 mm, featuring advanced performance that meets international standards.Asian Metal Copyright When fully ramped up, it will produce 500,000 tonnes of high-grade non-oriented silicon steel annually, generating RMB5 billion (USD696 million) in output value each year.Asian Metal Copyright Once completed, the whole project will be able to produce 1.Asian Metal Copyright About 30% of the products are planned for export to South Korea and other markets.Asian Metal Copyright Zhongpu plans to start phases II and III of the project in due course.Asian Metal Copyright The project is expected to create 400 new jobs and contribute over RMB500 million (69.Asian Metal Copyright Once completed, the whole project will be able to produce 1.Asian Metal Copyright64 million) annually in tax revenue.

Zhongpu plans to start phases II and III of the project in due course. Once completed, the whole project will be able to produce 1.Asian Metal Copyright When fully ramped up, it will produce 500,000 tonnes of high-grade non-oriented silicon steel annually, generating RMB5 billion USD696 million in output value each year.Asian Metal Copyright2 million tonnes annually, with sales exceeding RMB16 billion (USD2.Asian Metal Copyright2 million tonnes annually, with sales exceeding RMB16 billion USD2.Asian Metal Copyright23 million) and over 1,100 jobs created.

.Asian Metal Copyright The project is expected to create 400 new jobs and contribute over RMB500 million 69Asian Metal Copyright