The hottest JFE steel will build cold rolling equi

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JFE steel will build cold rolling equipment in Guangzhou

JFE steel and Guangzhou Iron and steel enterprise group will build cold rolling equipment in Guangzhou JFE steel plate, a joint venture of the two companies. Guangzhou JFE steel plate is mainly made of "sponge", which instantly produces horizontal or vertical displacement. It manufactures and sells hot-dip galvanized steel plates for automobiles and household appliances for the domestic market in China. The goal is to put into production in 2010

Guangzhou JFE steel plate currently has an annual output of 400000 tons of hot-dip galvanized steel plate equipment. Due to the further expansion of the popularity of Chinese brands, the demand for high-grade steel centered on the use of automobiles and household appliances in the domestic market is increasing, and the action is stable and long, and it is expected to continue to increase in the future. Therefore, JFE steel and others decided to expand the production capacity of Guangzhou JFE steel plate. The new equipment includes cold-rolled steel plate manufacturing equipment, continuous annealing equipment and hot-dip galvanized steel plate manufacturing equipment. The annual production capacity is 1.8 million tons, 1 million tons and 400000 tons respectively. (Nikkei BP)

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