[SMM Stainless Steel Flash] Wuzhou Yongda Awarded Central Funding; 600kt/a Scrap Recycling Project Approved

Published: Mar 31, 2026 17:25

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Wuzhou Yongda Stainless Steel Project secured 2.55 million yuan in central government funding. Meanwhile, Guangdong Zhongqing Environmental Protection received approval for its 600,000-ton/year stainless steel scrap recycling project, which includes sorting and baling production lines. On the raw materials front, Indonesian ferronickel has successfully arrived at Jiangsu ports and entered warehouses, ensuring a steady supply for the domestic market.

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