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Tsingshan's new Indian stainless steel project


China’s Tsingshan Holding Group has started construction of a cold-rolling line at what will be one of the largest stainless steel projects in India when completed.

Tsingshan has formed a joint-venture company – Cromo Steels Private Ltd Co – with unknown parties to construct a 150 billion rupee ($2.3 billion) integrated plant, which will consist of hot-rolling and cold-rolling lines as well as smelting facilities, in Gujarat state.

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