Xiangyu Group’s project in Indonesia produces more than 3 million tons of stainless steel as of Jun 2022
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Update time : 2022-12-08 21:12:39
Xiamen Xiangyu Group connected China's huge market and technological advantages with Indonesia's local resource advantages. After fully launching the projects in May this year, the group provides opportunities for Indonesia to link tightly with the global stainless steel and new energy industry.
As of June 2022, the group’s project has totally produced more than 3 million tons of stainless steel, driving a trading volume surpassing US$8 billion. More than 16,000 local jobs were created, and the accumulative tax revenues brought to Indonesia amounted to more than US$800 million.
