It's reported that a new stainless steel industrial park starts construction in Lanzhou New Area in China's Gansu province. This new investment will cost about 0.49 billion and expert to provide 2490 jobs opportunities. There are mainly 4 sub-projects running in this new park, including a stainless steel sheet project with an annual production capacity of 400, 000 tons, a stainless tube production project with an annual capacity of 100,000 tons, a common stainless steel products with a capacity of 50,000 tons per year and a high-quality stainless steel products project with an annual capacity of 200, 000 tons. The total annual sales revenue of this new industrial park amounts to US$1.79 billion roughly upon completion.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=66880&division=A1
