[SMM Stainless Steel Flash] Fu'an Aims for $246B in Stainless Steel Output by 2026, Advances 600,000-Ton CR Project

Published: Mar 12, 2026 17:52

Save

According to the Fu'an City Development and Reform Bureau, as outlined in its 2026 economic and social development plan released on March 6, the city is set to continuously consolidate its leading advantage in the stainless steel new materials industry. A key focus for the year is accelerating the construction and implementation of major downstream projects, specifically highlighting Runhengxin's 600,000-ton stainless steel cold-rolling project and a new titanium alloy materials manufacturing industrial park. Through these strategic capacity expansions, Fu'an aims to push the total output value of its stainless steel new materials industry to 246 billion RMB in 2026, targeting a year-on-year growth rate of over 5%.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.minsAgo

[SMM Nickel Sulphate Daily Review] March 13 Raw Material Uncertainty Continued, Nickel Salt Prices Edged Up

On March 13, the average price of SMM battery-grade nickel sulphate rose slightly.

Common.Time.minsAgo

1 hour ago

[SMM Nickel Midday Review] Nickel Prices Rose Slightly on March 13, and the Central Bank Will Continue to Implement a Moderately Accommodative Monetary Policy

1 hour ago

Common.Time.hoursAgo

[SMM Stainless Steel Flash] Fujian Tsingshan's Stainless Steel Deep Processing Project Receives Construction Permit

According to the Zhouning County Natural Resources Bureau, the Fujian Tsingshan Special Materials stainless steel deep processing project officially received its construction engineering planning permit on February 14, 2026. The major facility, covering a land area of over 207,700 square meters with a total construction area of approximately 156,482 square meters, marks a significant step forward in capacity expansion for the Tsingshan-affiliated entity in Fujian province, further solidifying its downstream processing footprint.

Common.Time.hoursAgo