In a statement, Danieli said the mill will be designed to produce 1.2 million metric tons of wire rod and rebar annually. 
Danieli’s micro-mills employ an endless casting and rolling system in which steel is cast and rolled in a single uninterrupted step.
The Guilin Pinggang mill will include a twin-strand continuous with an ultrahigh-speed mold; an induction furnace to equalize billet temperatures; and a rolling mill with horizontal/vertical SHS stands. 

The plant is to be completed in July 2019.

You can find Danieli’s full announcement here.