La mise en service prévéte au premier quarter 2026
Chinese stainless steel pipe manufacturer Changyuan is part of the export market for stainless steel pipe by 33.7%, maintenance level at the level of one tier, and Changyuan, in order to serve the European market, then we will launch a factory in Morocco where production is scheduled for the first quarter of 2026.
According to Changyuan, the company has decided to build a factory in Morocco in 2023, to produce its stainless steel products for industrial and construction use, with an investment of USD 30 million.
The main objective of the plant is to serve European customers close to the course and to create a collaboration and partnership with customers and the mise en service is expected in the 1st quarter of 2026, with a production capacity of 2,000 tons per mois.
According to the information, the European course contributed a total of 1.068 billion yuan to Changyuan’s annual report of $152.4 million, accounting for 8.31% of the company’s business affairs.