Tenglong Stainless Steel Group Ningbo Center Held Opening Ceremony
By CFM , 2013-12-04 12:00:00
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Tenglong Stainless Steel Group Ningbo Center held opening ceremony on Nov. 30th, 2013. It was invested RMB 1.2 billion and composed of three plants. “The high value-added stainless steel products in China mainly reply on import, meaning core technology is still grasped in oversea companies, which go against the sustainable development of stainless steel wire rod industry”, the person in charge of Tenglong Stainless Steel Group said.
The groundbreaking of Tenglong Stainless Steel Group Ningbo Center was conducted in 2011 and now its establishment has been finished. It will be devoted to the deep processing of end products like medical apparatus, welding materials, automotive accessories, and stainless steel fiber and so on. It is estimated that its middle and high end stainless steel products will reach 132,000 tons by the first half of 2014.
