Huale Alloy Phase II Stainless Steel Cold Rolling Project was put into production in April 2019

It is reported that the cold-rolled stainless steel project of Lianyungang Huale Alloy Phase II project is progressing smoothly and is expected to be put into production in April 2019.

Huale alloy's entire cold rolling project has invested 1.5 billion yuan in two phases. Construction commenced on March 5, 2016. One of these projects has been fully put into production and will produce 300,000 tons of cold-rolled steel strip annually. The second-stage stainless steel cold-rolling project is located in Banqiao Industrial Park, Lianyung District. It has an investment of 800 million yuan and has an annual production capacity of 300,000 tons of cold-rolled steel strips. It is currently accelerating construction and the assembly of the steel frame structure in the production workshop is nearing completion.