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Henan Baofeng 3.6 billion investment in stainless steel project put into operation

Recently, Baofeng County, Henan Province, located in the northern industrial park in Xiangfan County, Xianglong stainless steel sheet hydraulic pressure leveling project completed and put into production. The project started construction on March 17, 2014, after the commissioning of the main business of various Stainless Steel Coil processing and marketing, the project designed annual production capacity of 1.5 million tons, a total investment of 3.6 billion, more than 500 jobs. At the same time will pull the downstream cold-rolled stainless steel 100 million tons, stainless steel products processing 1 million tons, an increase of industrial output value of 30 billion yuan to 500 billion yuan.
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