13,998.72 TRY BIST 100 BIST 100
47.07 USD USD USD
6.98 CNY CNY CNY
53.95 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
41.78 TRY Interest Interest
88.90 USD Fossil Oil Fossil Oil
6.33 USD Copper Copper
86.42 USD Silver Silver
100.33 USD Iron Ore Iron Ore
380.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
99.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Establishing industrial stainless steel park in China

An investment of $72.6 million was made for the park, which is expected to be completed in July 2023.

Establishing industrial stainless steel park in China

Gaoping city in Shanxi province, which is China's largest coal producer place, started to set up a stainless steel park. 50% of this park, which will cover an area of 322 decares, has been completed.

The industrial stainless steel park has advertised CNY 1.5 billion ($72.6 million) to businesses in the industry.

The park will have an annual production capacity of 100,000 tons of stainless steel sections and 300,000 tons of cold rolled stainless steel. The construction of the park is expected to be completed in July 2023.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

USD 4.05 billion investment plan takes shape for Zanaga's DRI-focused iron ore project

Monday, July 20, 2026

Italy's crude steel production increased by 6.1% in June

Monday, July 20, 2026

Türkiye's billet and bloom imports reached a five-year high in the first five months of the year

Monday, July 20, 2026

EUROFER: Steel sector cannot fully decarbonise by 2033 without affordable electricity and hydrogen

Monday, July 20, 2026

Saudi Arabia's Al Yamamah signed SAR 270 million billet plant deal with Danieli

Monday, July 20, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now