Metals News
Guangxi Liuzhou Iron & Steel begins construction of ferronickel smelting capacity 
company news
03:30PM
May 5,2019
Source:SMM

SHANGHAI, May 5 (SMM) – Liuzhou Iron & Steel Group in China's southwestern province of Guangxi commenced construction of a ferronickel smelting project in the recent week, a source told SMM on Sunday May 5.

With an investment of 5.6 billion yuan, the project covers the construction of material yards, sintering machines, blast furnaces, and other supporting facilities.

The project will prepare the ground for the company's 5-million-mt-capacity production base for stainless steel, which is still in the pipeline. 

Market commentary
Ferronickel
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