Sutor updates status of new 500,000 MT cold-rolling line

Lifang Chen, Chairwoman and CEO of Sutor commented, "During the trial production, we will carefully monitor the status of the new production line to ensure that the facility will achieve the designed performance when the commercial production begins. We expect that the new cold-rolling line will provide us with a wider range of product specifications and better product flatness and surface treatment than our existing cold-rolling production line.  With the new line in commercial operation, we will have 750,000 MT of cold-rolling capacity to match our 700,000 MT of hot-dip galvanization capacity. We are optimistic that the new capacity will improve our operating efficiency, expand our product offerings and hence strengthen our competitiveness in the high-end product market. " 

The timing of the commercial operation of the new production line is subject to the performance of trial production. The Company intends to update the market once the commercial operation commences.