[Construction of 200000 ton integrated casting and forging project breaks ground]On May 6, 2026, the 200000 ton high-quality alloy steel casting and forging integrated project jointly built by Yongyang Special Steel and Changxiang Special Steel started construction in Yongnian, Handan. The total investment is 5 billion yuan, covering the entire production line of mold casting, special smelting, forging, etc. The products are directly supplied to the aerospace, military and nuclear power fields. It is expected that the output value will be 50 billion yuan, the profit and tax will be 800 million yuan, and 2000 new jobs will be created within 5 years, adding another heavyweight chip to the high-end new material industry in Handan. Editor/Cheng Liting
On June 9, 2026, Harbin Railway launched a new channel for intermodal transportation of iron and steel. The first train of 4000 tons of coal was sent from Hailar South Station to Panjin Port for transfer along the coast, which was shortened by 3 to 4 days compared to the original transportation.Editor/Gao Xue
Recently, Far East Energy signed a contract for a 128MW offshore wind power project in Vietnam, supplying 16 8.XMW units. This project is the first batch of Vietnam Power Planning VIII, which helps green energy cooperation along the the Belt and Road.Editor/Gao Xue