While for the sake of further development, Zhangdian Iron & Steel Works decided to relocate its production site.
During the relocation, Zhangdian Iron & Steel Works brought in the advanced production line along with clean production technology and cyclic economy. It successively eliminated small blast furnace with 128 cubic meters, backward steelmaking equipments and small mill train. In March 22 2010, it shut down the last blast furnace with 420 cubic meters and successfully completed the mission of eliminating backward capacity.
According to the data published by Zhangdian Iron & Steel Works, it invested CNY 2 billion in improving one blast furnace with 1350 cubic meters, steelmaking converter with capacity of 1.2 million tonnes, bar production line with capacity of 1 million tonnes and so on.
In 2011, Zhangdian Iron & Steel Works plans to produce pig iron of 1.2 million tonnes, crude steel of 1.8 million tonnes and finished steel of 1.1 million tonnes achieving sales revenue of CNY 10 billion. In 2010, it realized sales revenue of CNY 5.2 billion up by 49%YoY.
Tags : raw material, small mill train, steel output