Fujian Qingtuo Completes Registration for Stainless Steel Composite Material Manufacturing Project

Published: Aug 1, 2025 13:58

Save

[SMM Nickel News] Recently, the stainless steel composite material manufacturing project of Fujian Qingtuo Composite New Materials Co., Ltd. has completed its registration. The project is expected to produce 50,000 mt of stainless steel composite materials annually, further enriching the layout of the regional stainless steel industry chain.

It is reported that the project will lease an existing 20,000 m² factory building from Fujian Qingtuo Equipment Manufacturing Co., Ltd., using stainless steel and carbon steel plates as the main raw materials for production. Stainless steel composite materials will be produced through processes such as surface polishing, pressing, and billet assembly, as well as vacuum electron beam welding. In terms of equipment configuration, the project will purchase one set of 2,400-ton CNC straightening machines, one set of grinding and polishing units with a dust removal system, two sets of AI visual surface inspection systems, two sets of automatic stacking systems, one set of laser cleaning systems, one set of 300-ton hydraulic + laser welding systems, eight sets of roller conveyor systems, one set of vacuum welding systems, as well as power supply and distribution facilities, circulating water systems, argon gas facilities, etc. Meanwhile, it will rent two bridge cranes, one single-beam crane, and other auxiliary production and environmental protection facilities, with equipment installation costs reaching 3 million yuan.

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 to learn 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

2 hours ago

High-Grade NPI Smelter Profits Squeezed as Ore Prices Rise and Sales Prices Dip

[SMM Nickel Flash] Based on nickel ore prices from 25 days ago, smelter profits for high-grade NPI remained high this week. However, from the current raw material side, ore prices from both the Philippines and Indonesia increased, while auxiliary material prices saw a slight pullback, leading to an increase in the cash cost of producing high-grade NPI from spot ore. At the same time, high-grade NPI prices experienced some pullback, making it difficult for smelter profits to see sustained improvement.

2 hours ago

High-Grade NPI Prices Fall, Expected to Stabilize as Chinese New Year Approaches

[SMM Nickel Flash] This week, due to a sharp decline in futures triggering arbitrage selling, high-grade NPI prices fell significantly. However, after the selling activity subsided, upstream quotations and the market center gradually returned to normal levels, supported by cost factors. Looking ahead, as the Chinese New Year holiday approaches, market activity is expected to remain subdued, and high-grade NPI prices are projected to hover at highs with limited fluctuations.

2 hours ago

Nickel Prices Drop: SMM 10-12% High-Grade NPI Down 17.2 Yuan, Indonesia NPI FOB Index Falls 2.06 $/mtu

[SMM Nickel Flash] The SMM average price of 10-12% high-grade NPI fell 17.2 yuan/mtu WoW to 1,035.8 yuan/mtu (ex-factory, tax included), while the Indonesia NPI FOB index average price dropped 2.06 $/mtu WoW to 131.2 $/mtu. At the beginning of the week, futures hit limit-down, and nickel prices fell sharply WoW, driving the emergence of arbitrage supplies sold at low prices, leading to a significant decline in high-grade NPI prices.

2 hours ago