SHANGHAI, Jun. 5 (SMM) - Rizhao Steel Holding Group successfully materialized trial production of corrugated pipe using non-spangle 600g zinc-rich coated sheet, according to the company’s website.
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Non-spangle 600g zinc-rich coated sheet has been monopolized by South Korea-based POSCO. Prices of the products are now above 6,000 yuan per tonne in China.
The development of zinc-rich coated sheet will help Rizhao Steel improve product portfolio, increase profit and push domestic corrugated pipe industry and sponge city projects.
Zinc Prices to Weaken in Coming Week, SMM Reports
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