Chinese stainless producer Foshan Chengde to install 500,000

    Chinese stainless steelmaker Foshan Chengde will install a 500,000 tpy annealing and pickling line (APL), French equipment supplier Fives said on Wednesday December 14.
    The line, which will produce 200, 300 and 400 series stainless steel products for a range of applications, including construction, automotive and medical equipment, is expected to be operational by the end of 2017. 
    The APL will be manufactured by a Fives subsidiary in Shanghai, China, and will include a skin-pass mill to reduce the surface roughness and improve the flatness of the cold rolled stainless strip. 
    "The stainless steel processing lines designed by Fives have a good reputation in the industry. We believe in Fives’ first-class international design standards and turnkey management experience," Foshan Chengde md Li Quan said. 
    Global stainless steel demand is expected to increase by 7 million tpy in the five years to 2020, from 37.40 million tonnes in 2015.

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