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Memorabilia of the steel industry in October 2012
Source:Xin Steel Industry   Date:2013/01/29

Rizhao Iron & Steel will compress the capacity of 7.1 million tons of iron production and steel production capacity of 5.94 million tons before 2015. The total investment amount of Rizhao steel base project construction is 56.74 billion yuan.


Chongqing Iron & Steel restructuring draft baked and proposed an acquisition of Chongqing iron and Steel Group under the relocation of assets involved in the transaction amounted to nearly 17 billion yuan, equivalent to five times the net assets of the Chongqing Iron and Steel.


Baosteel decided to transfer Luojing region to stop production, the long-term loss of Corex smelting reduction furnace will be the overall relocation to Xinjiang Bayi Iron & Steel Plate. Plate mill relocated to the under construction project in Zhanjiang.


On October 27, Shanxi TISCO silicon steel cold rolling project’s groundbreaking ceremony was held, the scale of production to one million tons of annual output of cold rolled non-oriented silicon steel.


The total investment of about 40 billion steel projects settled in Chongqing Fuling New District. Meanwhile, the city's 2.5 million tons of sheet steel for automobile project into trial production.

 

 

    

 

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