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Indonesia Plans To Build An Annual Output Of 1 Million 200 Thousand Tons Of Stainless Steel Plant
Aug 10, 2017

Indonesia plans to build an annual output of 1 million 200 thousand tons of stainless steel plant

On the morning of August 4th, China twenty Metallurgical Group won the feasibility study of the total plan and feasibility of financing 1 million 200 thousand tons of stainless steel mills with the annual output of tons stainless steel plant. The design services by China twenty Metallurgical Group joint MCC Alex Hua Tian joint tender.

Indonesia e-united group company in Indonesia province Morowali Sura in Weixi County construction steel base, plans to set up an annual output of 1 million 200 thousand tons of stainless steel and supporting the project, the construction investment is divided into three construction period. The exploitation of its own mineral source near the base of the supply of nickel laterite ore, smelting process, nickel iron output total heat sent to the factory by the deimpurity stainless steel processing, stainless steel products for stainless steel flat embryo and embryo.

About Taiwan intends to invest in Indonesia, the project was first announced in 2012, when the news reported that Taiwan intends to invest 10 billion new Taiwan dollars in Indonesia, the establishment of nickel ore and nickel iron alloy factory. Then there are reports that the amount of investment reached 15 billion or NT, the main purpose is to reduce production costs and enhance the competitiveness in the international market, Taiwan Yi Lian said at the time, in addition to the production of nickel pig iron, will also supply the downstream production of stainless steel products. To promote the development of Indonesia nickel and nickel iron factory construction project is slow, Yi Lian has pointed out, is mainly related to the application procedures of Indonesia slow progress, so that the original development progress cannot be promoted, but to enhance the group will continue to need the raw material of stainless steel.

In 2017 June China MCC President Zhang Mengxing met with visiting Taiwan Indonesia e-united Group Chairman Li Bixian in Beijing MCC headquarters, said at the time "to strengthen communication between the two sides as soon as possible to promote the substantial progress of e-united group in Indonesia nickel project".

Prior to this, Castle group in Indonesia has been the construction of 2 million tons of stainless steel production capacity, the day before the 1780 hot-rolled production line has also started rolling, including many of the construction investment in Indonesia nickel iron smelting project enterprises, are considering further down to extend the industrial chain to stainless steel smelting and production processes, the main value is also can rely on the local rich laterite nickel ore resources, direct investment in ore origin, will help ensure the supply of raw materials, to enhance enterprise competitiveness in the global market.


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