China’s Jiugang modifies structure in stainless steel areas

One of the main leading steel makers in China, Jiuquan Iron and Steel Group (Jiugang), as of late said that its stainless steel yield reach around 850,000 tons in 2019, somewhat down from the earlier year, predominantly on the grounds that Jiugang balanced its products items and structure, just as cutting yield of common items.

As indicated by the modification, Jiugang's yield of 300 series stainless steel dropped by over 40%, while the output of certain new products, for example, ultra-pure ferritic stainless steels, duplex stainless steel and martensitic stainless steel, and was multiplied. Additionally, Jiugang balanced its objective sales advertise, creating close to business sectors yet diminishing the business run in East and South China.