Alloy steel bar production line for auto parts is put into operation in Hangzhou Steel
On January 21, the 800,000-ton alloy steel bar production line of Hangzhou Hanggang Group officially commenced operations, marking a significant milestone for the steel industry in Zhejiang Province. This state-of-the-art facility is equipped with the most advanced and efficient technology available in the global bar production sector, ensuring high-quality output at competitive prices.
The new production line is expected to greatly benefit local auto parts manufacturers in Zhejiang, who can now access premium-grade steel materials directly from the source, eliminating the need for long-distance sourcing. This not only reduces costs but also enhances supply chain efficiency and reliability.
According to an official from Hangzhou Hanggang Group, the completion of this project has effectively addressed a critical gap in the regional steel market, particularly in the supply of specialized alloy steel bars. The company aims to strengthen its position as a leading supplier in the region while supporting the growth of downstream industries, especially the automotive sector.
With this new production capability, Hangzhou Hanggang Group is well-positioned to meet increasing demand and maintain a competitive edge in both domestic and international markets. The initiative reflects the company's commitment to innovation, quality, and sustainable development.
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