Yangchun New Iron and Steel Co., Ltd.

Yangchun New Iron and Steel Co., Ltd., a subsidiary of Hunan Valin Steel, will invest CNY 470.43 million to upgrade its high-speed wire rod production line in China. The project is scheduled to begin construction in October 2025 and become operational by October 2026, adding 600,000 tons of annual capacity for industrial-grade wire rods.