Shanxi Development and Reform Commission announced that TISCO was approved with an annual capacity of 900,000 tons of stainless steel cold rolling project on August 2nd.

On August 3rd, Shagang and Fengli Group held the signing ceremony for restructuring framework agreement and implemented the interbank reorganization between the industrial chain.

The State Council issued the "12th Five-Year Plan" about Energy conservation and Emission reduction, the implementation of energy saving projects need invest about 2.366 trillion yuan during the "12th Five-Year Plan".

Ministry of Science and technology organized the "12th Five-Year Plan " upon the development of high-quality special steel technology ", as a special steel industry it added a new annual output value of 500 billion.

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