Industry News

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

Views : 158
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 >>
Hindalco signs MoU to invest ₹15000 crore in aluminium capacity expansion in Madhya Pradesh Hindalco signs MoU to invest ₹15000 crore in aluminium capacity expansion in Madhya Pradesh
Feb .25.2025
Hindalco signs MoU to invest ₹15000 crore in aluminium capacity expansion in Madhya Pradesh
EU expands sanctions on Russian aluminium: industry calls for closing loopholes EU expands sanctions on Russian aluminium: industry calls for closing loopholes
Feb .25.2025
EU expands sanctions on Russian aluminium: industry calls for closing loopholes
Fundamental weakness makes it difficult to sustain upward momentum in aluminium prices; short-term price correction observed Fundamental weakness makes it difficult to sustain upward momentum in aluminium prices; short-term price correction observed
Feb .25.2025
Fundamental weakness makes it difficult to sustain upward momentum in aluminium prices; short-term price correction observed
Alba announces Ma’aden as a major shareholder Alba announces Ma’aden as a major shareholder
Feb .25.2025
Alba announces Ma’aden as a major shareholder