SteelOrbis Shanghai
On November 18, Henan Province-based Anyang Iron & Steel Co. Ltd. commenced
production with its new 150-mt converter. On November 20, the daily
production of the converter reached 5,194 mt, thus exceeding its designed daily
production capacity of 5,040 mt.
Anyang Steel is one of the major steel producers in Henan Province. The converter in question is part of the mill's HR sheet
production line which is expected to commence operations in March, 2007. However, before then, Anyang Steel will sell the
slab produced by the converter to the market - creating new downward pressure on the already weak
semis market.