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China Baowu Group, Shandong Xinhai Technology Co. to produce 3.8 million tons of stainless steel pro
On July 21st od this year, China Baowu Steel Group Corporation and Shandong Xinhai Technology Co. signed the production of stainless steel cooperation projects, the total investment was about RMB330 billion, the output value is expected to reach RMB800 billion, to create 12,000 jobs. China Baowu Steel Group Corporation and Shandong Xinhai Technology Co. will be able to provide technology, talent, research and development advantages, On the other hand, provide cost saving, system and mechanism advantage.