[SMM Stainless Steel Flash] Fu'an Aims for $246B in Stainless Steel Output by 2026, Advances 600,000-Ton CR Project

Published: Mar 12, 2026 17:52

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According to the Fu'an City Development and Reform Bureau, as outlined in its 2026 economic and social development plan released on March 6, the city is set to continuously consolidate its leading advantage in the stainless steel new materials industry. A key focus for the year is accelerating the construction and implementation of major downstream projects, specifically highlighting Runhengxin's 600,000-ton stainless steel cold-rolling project and a new titanium alloy materials manufacturing industrial park. Through these strategic capacity expansions, Fu'an aims to push the total output value of its stainless steel new materials industry to 246 billion RMB in 2026, targeting a year-on-year growth rate of over 5%.

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