Home: Motoring > Hualing Steel Announces Subsidiary's 3.147 Billion Yuan Investment in Phase III Automotive Steel Plate Project

Hualing Steel Announces Subsidiary's 3.147 Billion Yuan Investment in Phase III Automotive Steel Plate Project

From:Internet Info Agency 2026-11-10 19:54:59

Recently, Valin Steel issued an announcement that its wholly-owned subsidiary will soon launch a Phase III capacity upgrade and construction project, with a total estimated investment of RMB 3.147 billion including tax. The project plans to build two new production lines: one JVD vacuum coating line with an annual design capacity of 850,000 tonnes, and one continuous annealing line with an annual capacity of 1 million tonnes. The products will be used for high-grade cold-formed automotive specialty steel. The project will introduce vacuum coating technology held by ArcelorMittal. After the project is completed and put into operation, the subsidiary's annual capacity for galvanized sheet will increase from the current 2 million tonnes to 3 million tonnes.

Editor:NewsAssistant