SMM7, 24 July: July 18, Xinghua City, state-owned construction land use right online trading system released news, Jiangsu Zhongtuo New material Science and Technology Co., Ltd. won the XH2019GG6-1 plot at the opening price of 61.2 million yuan, with an area of 220527.9 square meters, which is located on the west side of Zhongsheng Avenue, Dainan Town, Xinghua City, for industrial land.

As early as June this year, Jiangsu Zhongtuo New material Science and Technology Co., Ltd. applied for a centralized smelting project. According to the first publicity of Environmental impact Assessment of Jiangsu Zhongtuo New material Technology Co., Ltd., Jiangsu Zhongtuo New material Technology Co., Ltd. plans to build an iron and steel project, covering an area of about 638.8 mu, with a total investment of 3 billion yuan, of which the first phase of the project covers an area of about 350mu, with an investment of 1 billion yuan, and the plant is self-built. The construction area is about 176800 square meters. Main process flow: nickel iron, ferrochromium alloy-intermediate frequency furnace induction melting furnace-EAF (adding stainless scrap steel)-AOD refining-LF refining or VOD vacuum refining-continuous caster-finished product storage. The name of the construction project is Jiangsu Zhongtuo New material Science and Technology Co., Ltd. Centralized smelting project, the construction site is Xinghua Dainan Town in the west of Regeneration Avenue.
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