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18 Jun
09:44

Jiuli invests to add stainless steel pipes capacity

Zhejiang Jiuli Hi-tech Metals, a leading Chinese industrial stainless steel pipe producer, plans to invest CNY 367.3 million ($50.6m) to add 2,000 tonnes/year of high-performance stainless steel pipe capacity, Kallanish learns from the listed company's announcement on 18 June. These pipes are for nuclear energy, oil, and gas use. The construction period is approximately 18 months. The booming downstream nuclear power sector and gas pipeline orders in hand drov…
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