SHANGHAI, Oct. 17 (SMM) – One 2,000,000-tpy nickel alloy and stainless steel project will be built in Hukou County, Jiangxi Province, China, local media reported.
The project, with total investment of 10 billion yuan, will be constructed in two phases by Ningbo Zhenhai Tiandi Special Steel Co. The first phase of the project, costing over 5 billion, will be put online in 2016.
Upon full completion, the program is expected to produce 35 billion yuan in annual production value, and to create 5,000 jobs.
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