[Ferro-Alloys.com]It is noted that Taishan Steel is going to put its annual capacity of 20000 tonnes of stainless steel precision strip project into operation in June 2013, the project has attracted a total of CNY 800 million investment and is estimated to achieve sales revenue of CNY 1.5 billion per annum.
After completion, the plant will be used to produce stainless steel CR precision strip with thickness of 0.05mm to 1.0mm and width of 10mm to 1250mm, and be apply in the fields of information technology, computer, auto parts, precision stamping parts, instrument and meter, health care and household appliance etc.
The project has started up on September 25th 2012 and scheduled to be completed and put into operation in June 2013.
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