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[SMM analysis] Jiangsu Delong added 1.36 million tons of stainless steel production capacity equivalent to how many tons of nickel metal?
Jul 30,2019 07:22CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

According to the website of Jiangsu Provincial Department of Industry and Information Technology on July 26, 2019, "publicity on the capacity replacement Scheme of the stainless Steel Phase II Project of Jiangsu Delong Ni Industry Co., Ltd." information shows: according to the "guiding opinions of the State Council on resolving the contradiction of serious overcapacity", the "opinions of the State Council on resolving excess capacity to realize the Development of extrication from difficulties" and the "measures for the implementation of capacity replacement in the Iron and Steel Industry", Now Jiangsu Delong Ni Co., Ltd. Stainless steel phase II project capacity replacement plan to be announced, welcome the public supervision. The publicity period is from July 26, 2019 to August 1, 2019.

It is reported that Jiangsu Delong Ni Industry Co., Ltd. has achieved 1.36 million tons of production capacity, construction site for Yancheng Xiangshui Industrial Economic Zone, smelting equipment 2 X85t arc furnaces, 4 x35t intermediate frequency furnaces, 3 x120tAOD refining furnaces, 1 x120tVOD internal control refining furnace, 2 x120tLF refining furnaces, 2 continuous casters. The project is scheduled to start in October 2019 and to be put into production in December 2020.

The steelmaking capacity of the new smelting equipment comes from Jiangsu Baofeng Special Steel Co., Ltd., Xuzhou City, Jiangsu Province. Its planned withdrawal capacity is 1.7 million tons.

SMM believes that this is the new batch of steelmaking capacity, according to the new batch steelmaking capacity of 1.36 million tons, if all 300 series of steelmaking, it is estimated that at least 108000 nickel metal tons / year will be needed in the future.

It is understood that Jiangsu Delong Ni Co., Ltd., the current domestic production base nickel smelting capacity of 1 million tons, stainless steel smelting capacity of 1.12 million tons, stainless steel rolling capacity of 2 million tons; and supporting three pickling lines, of which one 1550 pickling line has been put into production, the design capacity is 600000 tons / year, the other two 1320 pickling lines are under construction; there are also a 50,000-ton wharf in China, including logistics storage area, with an annual handling capacity of more than 8 million tons. The wharf can connect seamlessly with the foreign wharf, and has obvious logistics advantages compared with the same type of enterprises.

In addition, Jiangsu Delong also plans to build a 3 million-ton steel-making project at its base in Indonesia, of which 1 million tons are expected to be put into production in the fourth quarter of 2019. In December 2020, considering the domestic 2.48 million tons of stainless steel steelmaking capacity, as well as Indonesia's 3 million tons of stainless steel steelmaking capacity, Jiangsu Delong steelmaking capacity will reach 5.48 million tons.

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