Tenglong starts construction of 100ktpa stainless steel wire project
2025-01-09 15:17:49 [Print]
On January 6, Tenglong Stainless Steel Products Group Co., Ltd. kicked off construction of a precision stainless steel wire project in Taizhou, Guangdong.
With a total investment of RMB1 billion (USD136 million), the project will build 20 production lines for stainless steel alloy products. When reaching full capacity, the project would produce 100,000tpa of stainless steel alloy products, with an annual output value of RMB1.5 billion (USD205 million).
Tenglong is a large enterprise engaged in deep-processing of stainless steel wire (special alloy wire) and is one of China's top 500 private enterprises.
With a total investment of RMB1 billion (USD136 million), the project will build 20 production lines for stainless steel alloy products. When reaching full capacity, the project would produce 100,000tpa of stainless steel alloy products, with an annual output value of RMB1.5 billion (USD205 million).
Tenglong is a large enterprise engaged in deep-processing of stainless steel wire (special alloy wire) and is one of China's top 500 private enterprises.
