Fujian Hongwang Industrial Co. Ltd. started construction in Wanwu Industrial and Trade Zone, Fu’an City, Ningde, with an annual increase of 1.3 mn t of stainless steel cold-rolled expansion project. The project is a key project in Fujian Province, with a planned total investment of RMB 2 billion. It is planned to be completed in 11 months and is expected to be put into operation in April 2023, according to Stainless Steel Branch of China Special Steel Enterprises Association.
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