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03 Apr
04:41

Valin Liangang plans to build galvanizing line

Valin Lianyuan Iron & Steel (Liangang) plans to construct a galvanizing line to make cold rolled sheet for high-end home appliances, according to its parent company, Hunan Valin Steel. Liangang will invest CNY 900 million ($124m) to construct this line with 500,000 tonnes/year of galvanizing capacity. The construction period is fourteen months. Unmet home appliance demand and spare raw materials capacity enable this steelmaker to invest in this new line, Kall…
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