Phased project of stainless steel new materials in Linyi to come online by end-October

Published: Mar 18, 2020 15:25 (GMT+8)
Linyi Yichen Nickel Chrome Alloy’s stainless steel new materials project, which is designed with an annualised capacity of 500,000 mt, has commenced construction in February and the phased I capacity will commission by end-October.

SHANGHAI, Mar 18 (SMM) – Linyi Yichen Nickel Chrome Alloy’s stainless steel new materials project, which is designed with an annualised capacity of 500,000 mt, has commenced construction in February and the phased I capacity will commission by end-October. 


Invested by Beijing Qiyang Technology, the project adopts the Rotary Kiln Electric furnace (RKEF) technology to produce products with a nickel content of 9.5-11%.


Phase I project is equipped with four production lines of nickel-chrome alloy, SMM learned. 

 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
【Flash | Lumentum’s AI Optical Growth Supports the Indium Phosphide (InP) Demand Outlook】
1 hour ago
【Flash | Lumentum’s AI Optical Growth Supports the Indium Phosphide (InP) Demand Outlook】
Read More
【Flash | Lumentum’s AI Optical Growth Supports the Indium Phosphide (InP) Demand Outlook】
【Flash | Lumentum’s AI Optical Growth Supports the Indium Phosphide (InP) Demand Outlook】
Lumentum reported fiscal Q4 2026 revenue of $1.006 billion, up 24.5% QoQ and 109.3% YoY. Components revenue reached $649.4 million, rising 102.7% YoY. The company said increasing AI compute speed and bandwidth requirements are driving greater use of optical connectivity in datacenters, alongside accelerating 1.6T cloud-module adoption and growing demand for ultra-high-power CPO lasers. Its fiscal Q1 2027 revenue guidance midpoint reached $1.25 billion. SMM views the expansion of high-speed optical modules and lasers as providing downstream demand support for InP and high-purity indium. However, Lumentum did not disclose InP-specific revenue, shipments or indium consumption, preventing a quantitative estimate of demand growth.
1 hour ago
【Flash | Mongolia’s Molybdenum Output Slips in August, YTD Supply Still Up 9.2%】
1 hour ago
【Flash | Mongolia’s Molybdenum Output Slips in August, YTD Supply Still Up 9.2%】
Read More
【Flash | Mongolia’s Molybdenum Output Slips in August, YTD Supply Still Up 9.2%】
【Flash | Mongolia’s Molybdenum Output Slips in August, YTD Supply Still Up 9.2%】
Mongolia’s National Statistics Office reported molybdenum concentrate output, on a contained-metal basis, of 382.0 tonnes in August 2026, down 10.0% MoM but up 8.7% YoY. Jan–Aug output totaled 3,672.5 tonnes, up 9.2% YoY. August production was 42.4 tonnes below July but 30.5 tonnes above a year earlier. Mongolia’s cumulative supply therefore remained ahead of 2025 despite softer short-term output. The table provides no company-level breakdown, so the cause of the monthly decline cannot be confirmed.
1 hour ago
【Flash | Peru’s July Molybdenum Output Jumps 15% as YTD Decline Narrows】
1 hour ago
【Flash | Peru’s July Molybdenum Output Jumps 15% as YTD Decline Narrows】
Read More
【Flash | Peru’s July Molybdenum Output Jumps 15% as YTD Decline Narrows】
【Flash | Peru’s July Molybdenum Output Jumps 15% as YTD Decline Narrows】
Peru’s Ministry of Energy and Mines (MINEM) reported July molybdenum output of 3,606.8 tonnes, up 15.0% YoY. Jan–Jul output totaled 22,384.0 tonnes, down 1.8%. Sociedad Minera Cerro Verde produced 1,012.2 tonnes, up 30.3%; Anglo American Quellaveco produced 458.1 tonnes, up 23.3%; and Minera Las Bambas produced 336.7 tonnes, up 16.3%. Southern Peru Copper Corporation’s output fell 1.6% to 1,214.7 tonnes. Gains at Cerro Verde, Quellaveco and Las Bambas drove the monthly rebound and narrowed the cumulative supply deficit.
1 hour ago