Fujian Fuxin Special Steel Co., Ltd., a subsidiary of Taiwan's Formosa Plastics Group, has overcome many difficulties and completed the nickel-saving stainless steel deep drawing processing project.

The 20 rolling mills and one cold-rolled stainless steel annealing and pickling line were put into production officially, which meets the international specifications 2D/2B products.

In October 2018, the company invested US$500 million to build this stainless steel cold rolling project with an annual output of 400,000 tons.