It is reported that Beihai Chengde Group, based at Tieshan anchorage in the southern Chinese also dependancy of Guangxi, has started forging at time one of its new nickel chromium admixture project. Beihai Chengde Group is a JV of Guangxi Beibu Gulf International Port Group Limited and Foshan Chengde Special Steel Co Limited, which is being built with a unalloyed investment of CNY 12 billion, targeting an overall annual achieve duty of 1.6 million tonnes of nickel chromium alloy. Construction go on stage one of Beihai Chengde's nickel chromium debase assignment started one year ago. Investment in occasion one totaled CNY 3 billion, while it has an annual yield room of 600,000 tonnes of nickel chromium mix slab.
Its annual result value is expected to territory CNY 10 billion. Preparations and construction stint for the sec and third phases have already commenced.
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