Qingshan Steel is going to forge industrial cluster of nickel alloy smelting and stainless steel downstream deep processing industries in Wanwu town, Fujian province with annual output value of CNY 100 billion aiming to develop domestic largest stainless steel city.
As China's largest stainless steel private enterprise, Qingshan Steel gained stainless steel and nickel output of 1.62 million tonnes and 30,000 tonnes severally in 2011 up by 49% and 200%. Meanwhile, their sales revenue attained CNY 32 billion with increment of 52%YoY.