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Valin ArcelorMittal Automotive Steel (VAMA), a 50/50 joint venture between Hunan Valin Steel and ArcelorMittal, will invest 3.147 billion yuan (about $431 million) in a third-phase expansion at its Hunan plant. The project includes a JVD vacuum-coating line (850,000 t/year) and a continuous annealing line (1 million t/year), raising galvanising capacity from 2 to 3 million tonnes per year.
“The third phase includes a vacuum-coating (JVD) line with capacity of 850,000 tonnes a year and a continuous annealing line of 1 million tonnes a year, on VAMA's existing site.”chinasourcingpost.com
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