Zhejiang Jinlei's Project for Annual Production of 250,000 mt of New High-Grade Soft Magnetic Alloy Materials Rushes Toward Commissioning

Published: May 9, 2025 11:16

Save

Zhejiang Jinlei's 250,000 mt High-Grade Soft Magnetic Alloy New Material Project Rushes Towards Production

After more than two months of construction, the steel structure main body ofZhejiang Jinlei's 250,000 mt High-Grade Soft Magnetic Alloy New Material Project, located at the"10,000-Mu, 100-Billion" Industrial PlatformofCheliang Intelligent Manufacturing, has begun to take shape. Sparks flew at the construction site as workers shuttled between the crisscrossing steel beams, accelerating the main construction. The project, from initial negotiations and contract signing to comprehensive advancement, has benefited fromthe precise services and policy support of Moganshan High-Tech Zone. Currently, Zhejiang Jinlei is making every effort to achieve the goal of"starting, completing, and putting into production within this year".

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

13 mins ago

Pig iron production growth and supply contraction expectations jointly push up iron ore futures prices [SMM Imported Ore Daily Review]

13 mins ago

15 mins ago

MMi Daily Iron Ore Report (June 10)

The DCE iron ore market was slightly stronger in the morning session and rallied at the close today. The most-traded I2609 contract settled at 771.5 yuan/mt, up 1.51% from the previous trading day.

15 mins ago

46 mins ago

[SMM Coking Coal and Coke Daily Brief] 20260610

[SMM Coking Coal and Coke Daily Briefing] In terms of news, mainstream steel mills have accepted the sixth round of coke price increases, with wet-quenched coke up by 50 yuan/mt and dry-quenched coke up by 55 yuan/mt, effective from 0:00 on June 10, 2026. Supply side, coking coal prices stayed high overall, with the pace of increases slowing partially. Coke enterprises' raw material costs remained elevated, capacity release was constrained, and tight procurement of high-quality coal feedstocks further limited production. Currently, coke shipments were smooth, and enterprise inventories were generally low. Demand side, hot metal production at steel mill blast furnaces remained high, while their own coke inventories kept declining, providing solid rigid demand support and strong restocking enthusiasm. In summary, market sources indicated that coke enterprises will issue a notice for the seventh round of coke price increases this Friday. The coke market will continue to strengthen in the short term.

46 mins ago