Zhanjiang iron and steel, Echeng Iron and steel, Baosteel Desheng carried out capacity replacement
07-05 five hundred and ninety-nine
Recently, China Baowu iron and Steel Group Co., Ltd. issued the announcement on the capacity transfer of Baosteel stainless steel and Meishan Iron and Steel Co., Ltd. (hereinafter referred to as the publicity)——
Baosteel Zhanjiang iron and Steel Co., Ltd. plans to build Baosteel Zhanjiang iron and steel three high furnace system project, with the transferred iron making capacity of 4.03 million tons and steel-making capacity of 3.61 million tons;
Echeng Iron and Steel Co., Ltd. plans to build a new 120 ton converter project with a transferred steel-making capacity of 260000 tons;
Baosteel Desheng Stainless Steel Co., Ltd. plans to build a new steel-making and continuous casting project with a steel-making capacity of 680000 tons.
A total of 4.03 million tons of iron making capacity and 4.55 million tons of steel production capacity were transferred to the above new projects.
One 1280m3 blast furnace of Shanghai Meishan Iron and Steel Co., Ltd. will be eliminated and the ironmaking capacity will be 1.18 million tons;
(2.93 million tons of iron making capacity and 4.55 million tons of steel production capacity will be eliminated.
In total, 4.11 million tons of iron making capacity and 4.55 million tons of steel-making capacity were eliminated. The remaining 80000 tons of iron making capacity is used for other projects.