SMM News: recently, Chen Fang, deputy secretary of the party committee and president of Xiamen Xiangyu Group, described in detail the relevant situation of the Xiangyu Group's stainless steel smelting integration project in Indonesia. The construction of the project was relatively smooth. Double production of steel mills and nickel iron plants was realized in the first half of the year, and the project was fully put into production next year.
It is reported that the stainless steel smelting integration project built by Xiamen state-owned enterprise Xiangyu Group in Indonesia / Sulawesi Province is a large-scale comprehensive industrial park with an annual output of 2.5 million tons of stainless steel smelter, power plant, multi-function wharf and other facilities. China is the largest consumer of stainless steel in the world, while Indonesia is rich in stainless steel production raw material laterite nickel ore.
In order to graft and integrate the resources of the two places and develop together, the stainless steel smelting integration project of Xiangyu Group in Indonesia was officially started in 2017. After more than three years of construction, the industrial park has been partially put into production.
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