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.
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