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When will Formosa Plastics Fuxin Special Steel go bankrupt?
Does the subject want to ask "when will Formosa Plastics Group Fuxin Special Steel Co., Ltd. go bankrupt"? Not bankrupt. According to official website's inquiry, Fuxin Special Steel Co., Ltd. stopped production for a period of time from May to August, 2023 due to digging natural gas pipelines, but it did not go bankrupt. Fuxin Special Steel Co., Ltd. invested by Formosa Plastics Group of Taiwan Province Province is located in Longchi Industrial Park, Zhangzhou, Fujian Province, covering an area of 13 14.28 mu, with a total investment of 2.2 billion US dollars. This is a key construction project in Fujian Province. All the equipment in the production line are imported from the latest international equipment and advanced technology, and the overall technical equipment has the characteristics of large-scale, continuous and automation. The main products are hot-rolled and cold-rolled stainless steel coils.
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