SMM: according to Jiangzhuang Town, Jiawang District, Xuzhou City, the Delong stainless steel bar project with an annual output of 800000 tons has been fully put into production, with a daily output of 2400 tons.
It is reported that Xuzhou Delong Metal Technology Co., Ltd., formerly known as Jiangsu Chengdu Iron and Steel Group Co., Ltd., in November 2016, Jiangsu Delong Nickel Industry Co., Ltd. wholly acquired the former Jiangsu Chengdu Iron and Steel Group Co., Ltd., renamed Xuzhou Delong Metal Technology Co., Ltd.
According to reports, Xuzhou Delong Metal Technology Co., Ltd. plans to invest about 1.68 billion yuan in the first phase of the technical renovation project of the 1.6 million-ton high-alloy steel bar production line. The project is built by stages, with an annual output of 800000 tons in the first phase, with a total investment of 700 million yuan, and a total investment of 980 million yuan in the second phase, with an annual output of 800000 tons. After the completion of the first phase of the project, a medium bar project with an annual output of 800000 tons will be formed, which includes tube billet, cutting bar and forging steel. All are stainless steel, and their specifications are Φ 60-Φ 130.
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