Jiangsu Suzhou Steel Group Co., Ltd Invest 2.1 Billion RMB to Create Special Steel Excellent Base

Resource from: CBCC Likes:3003

May 12,2011

After three years upgrading, Jiangsu Suzhou Steel Group Co., Ltd has made the ratio of general steel & special steel adjusted to 1:9 from the original 9:1 (three years ago), thus the enterprise glows with vitality. At present, bearing steel and crankshaft steel among special steel products has become the company's leading products, meanwhile bearing steel has entered into the national top 10 ranks. Now, Jiangsu Suzhou Steel Group Co., Ltd has energetically developed special steel, especially for bearing steel and steel used for automobile engines, which is the main enterprise's development direction. Besides, the company will also make auto-carbon chromium bearing steel as the corporate future development direction, meanwhile the company will constantly improve the processing and also enhance the equipment level, thus to actively explore the advanced processing and technology which is suitable for bearing steel, and to establish distinctive excellent bearing steel production line. During the "Twelfth Five-Year Plan", Suzhou Steel Group Co., Ltd will invest 2.1 billion RMB to build professional production enterprises for bearing steel and automotive engines steel, which expected to rank the domestic top three in the corresponding areas.

(CBCC)

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