Home / Metal News / Taishan Steel to commission 800,000 mt/year cold-rolled stainless steel project by mid-2020

Taishan Steel to commission 800,000 mt/year cold-rolled stainless steel project by mid-2020

iconDec 25, 2019 10:34
Source:SMM
This will be the first high-end stainless cold rolling project in Shandong

SHANGHAI, Dec 25 (SMM) – Taishan Iron & Steel, a large state-owned enterprise group in east China’s Shandong province, plans to put 800,000 mt/year of cold-rolled stainless steel coil capacity into operation by end-June 2020, reported by Stainless Steel Council of China Special Steel Enterprises Association. 

This will be the first high-end stainless cold rolling project in Shandong. 

The company became China’s largest independent stainless steel mill for 400 series stainless steel in 2017, SMM learned. Its #400 stainless steel products have accounted for nearly 30% of the market share in China and more than 60% of the share in Guangdong market. 

Taishan Iron & Steel currently has an annual production capacity of 3 million mt of fine steel plate and strip, 600,000 mt of stainless steel.

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Stainless steel

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