Qingtuo plans to expand and increase its scrap steel processing capacity by 1.2 million tons

On November 8, the People's Government of Fu'an City issued a plan for the scrap steel processing and expansion project of Fujian Qingtuo Renewable Resources Development Co., Ltd.

The Fujian Provincial Investment Project Filing Certificate (domestic investment) filed on November 3, and it has since been learned that the company has added portal scrap shears, plasma cutters, metal hydraulic balers, etc. on the basis of the existing 800,000 tons of scrap steel project per year. Equipment, with a newly added annual production capacity of 1.2 million tons of scrap steel. After the completion of the project, a factory area with the functions of collecting, sorting, cutting, packaging, shearing and distribution of 2 million tons of scrap steel materials will be formed. The project has a total investment of 215 million yuan and is located in Banyu Village, Wanwu Town, Fu'an City, Ningde City, Fujian Province. Construction start and end time: November 2021 to May 2022.