(20 Oct 2014)It was reported that one 2,000,000 tonne per year nickel alloy and stainless steel project will be built in Hukou County, Jiangxi Province, China.

The project, with total investment of CNY 10 billion will be constructed in two phases by Ningbo Zhenhai Tiandi Special Steel Company. The first phase of the project, costing over 5 billion, will be put online in 2016.

Upon full completion, the program is expected to produce CNY 35 billion in annual production value, and to create 5,000 jobs.

• [Editor:Juan]