Gunawan takes hot strip expansion to China

The expanding Chinese market has breathed new life into the Gunawan group’s long-awaited plan to install a hot strip mill.

“The Steckel mill project has been transferred to China,” explained a senior Gunawan official at the company’s headquarters in Surabaya, East Java. “It’s very difficult to progress with such projects in Indonesia right now.” Gunawan had originally planned to install a 500,000 tpy Steckel mill in Surabaya but has completely abandoned this plan in view of the Chinese project.

CYSS, located in the town of Changshu, Jiangsu province, will be capable of rolling stainless HR coil between 2.5mm and 6mm thick and 600-1,320mm wide. HR plate rolled...

Published

April 29, 2003

09:30 GMT

Singapore