Industry News

Xiangyu Group's stainless steel project in Indonesia to start production next year

Views : 205
Update time : 2020-08-20 19:11:03
The thermal test of the steel mill of Xiamen Xiangyu Group's 2.5 million tons stainless steel integrated smelting project was successfully completed on February 3, producing the first furnace of molten steel and the first billet out of the furnace.

At present, the project has reached 1 million tons, and it was expected that the production capacity of 2.5 million tons of stainless steel will reach full production next year.

It was reported that after the project was put into production, most of the products will be shipped back to China in the form of billets, which will be processed into bars, wire rods, and other products in Delong Xuzhou production base.
Related News
Read More >>
Public consultation opens for Fujian Bangte’s stainless steel pipe expansion project Public consultation opens for Fujian Bangte’s stainless steel pipe expansion project
May .15.2025
Public consultation opens for Fujian Bangte’s stainless steel pipe expansion project
Tata Steel has Rs 15,000 crore capex plan for FY26 spanning India, UK, Netherlands operations Tata Steel has Rs 15,000 crore capex plan for FY26 spanning India, UK, Netherlands operations
May .15.2025
Tata Steel has Rs 15,000 crore capex plan for FY26 spanning India, UK, Netherlands operations
Rio Tinto to launch Simandou iron ore shipments in Nov Rio Tinto to launch Simandou iron ore shipments in Nov
May .15.2025
Rio Tinto to launch Simandou iron ore shipments in Nov
Iron ore prices break through $102 mark Iron ore prices break through $102 mark
May .15.2025
Iron ore prices break through $102 mark