Shenyang Daily reported that Hanking Group Shenyang Toyo Steel Co Ltd plans to invest CNY 0.3 billion into the reconstruction of plant buildings, in a bid to expand its production capacity in the New Year.

As learned, the company is likely to achieve the output value of CNY 3 billion through the deep processing of special steel production.

Shenyang Toyo Steel Co Ltd a Sino-Japanese joint venture enterprise for producing special steel and a subsidiary company of Fushun Hanking Group Co Ltd. The products include bearing steel, gear steel, spring steel, alloy steel, alloyed tool steel, carbon tool steel, high speed tool steel, forging quality steel, rods and tube billet etc.

(Sourced from Shenyang Daily)