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09 Jun
01:00

Tsingshan contracts 3 million t/y Indonesian steelworks plan

China’s Tsingshan Iron and Steel has contracted MCC Beris Engineering, part of China Metallurgical Corporation (MCC), to design a 3 million tonnes/year stainless hot rolling line in Indonesia, MCC says. The project is part of a massive wave of investment over the next several years which, if successful, would see the company dominate the Asian stainless market, Kallanish notes. The line is expected to produce coil 2.8-16mm thick coils 800-1,500mm wide …
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