
Jinxi Jinlan Cold Rolled Sheet Co Ltd’s aggregate sales volume this year surges 61% from last year. Sales revenue breaks CNY 2 billion, with a profit of nearly CNY 60 million.
Space for new construction is accelerating. New launched non oriented silicon steel equipment of a capacity of 100,000 tonnes is ready for setting up. A design work for a 1700mm cold rolling (Phase III) project has been finished in May. 1450mm rolling machine is tested successfully in October and the 1200mm one is washed out.
After expansion, Jinxi Jinlan capacity could total “500,000 tonnes galvanized sheet per year+ 550,000 tonnes of CR sheet per year+100,000 tonnes of color coated board per year”, and the annual revenue would hit CNY 10 billion, realizing the biggest CR galvanized sheet production base in Pearl River Delta.
(Source: www.steelhome.cn/en)
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