Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Taiyuan Iron and Steel (TISCO) successfully commissioned a new stainless steel cold rolling machine with an annual capacity of 200,000mt, according to the media reports. The plant will produce high-end cold-rolled ferritic stainless steel sheets.


The construction on the project had started in August 2020 and is said to be completed ahead of time. It entailed an investment of CNY70mn ($10.83mn). The plant is one of the key transformation and upgradation projects in the Shanxi province. It was in tune with the company’s 7vision to improve the quality of their product.



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