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Tisco gearing up stainless steel production capacity

17 Jan 2008 15:32 reported by Stella Lin

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China’s biggest stainless producer, Taiyuan Iron & Steel (Tisco) has announced to commission in 2008 a stainless steel cold rolled project with an annual output of 1.5 million tons.

The company’s steel output in 2007 was 10 million tons, of which 3 million tons were stainless steel.

China’s stainless steel apparent consumption is expected to reach 6.7 million tons, about 11 percent higher than in 2006. Tisco is expecting to achieve the leading market position in the market.

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