A 2-million tpy hot-rolled stainless steel project will be built in Yangjiang city, Guangdong province, after a cooperation framework agreement was signed, local media reported today. 

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<div>SHANGHAI, Jul. 1 (SMM) &ndash; A 2-million tpy hot-rolled stainless steel project will be built in Yangjiang city, Guangdong province, after a cooperation framework agreement was signed, local media reported today.&nbsp;</div>
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<div>The project, worth of 1.8 billion yuan ($292 million), will be jointly invested by local government of Yangjiang, Goldsland Holdings Company and Tsingshan Holding Group Co., it added.</div>
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