It is reported that Shangdong based Taishan Steel plans to commission two stainless cold rolling mills at its works in Laiwu city in 2013.
The company expects to put a 20,000 tonnes per annum precision strip mill into operation in June, 2013. The mill is designed to produce strips with thickness of 0.05mm to 1mm and width of 10mm to 1,250mm, mainly used in the sectors such as computer, medical equipment and auto components.
Besides, the firm plans to commission a 500,000 tonnes per annum CR strip mill in 2013. The mill will produce CR stainless strip with thickness of 0.15mm to 3mm and width of 800mm to 1,600mm.
The official of Taishan Steel states that the firm has to turn to develop higher end products in order to compete in the Chinese steel industry.
Furthermore, the company expects to increase its stainless CR capacity at the works to 1.5 million tonnes per annum in the long term, including 1 million tonnes per annum of precision strips.
