The No.3 color
coated production line of a subsidiary of
Baosteel Group completed its 153800-metric ton
production task two months ahead of schedule.
The No.3 color
coated production line mainly produces aluminum-plating product and
galvanized products for
construction use. Starting from formal
production on August 18 2004, the
production line overcame
production difficulties by utilizing improved technologies. Its rate of finished products increased 3.11 percent year on year. The cost for producing one metric ton of product was down RMB 250 ($30) compared to earlier in the year. The company supplies a small quantity of products for Mitsubishi Corporations environmentally friendly electrical appliances. In addition, the companys color
coated products were used in the second-phase project in Pudong airport lounge.
Meanwhile, by November 10, Meishan Steel, another subsidiary of
Baosteel Group, had produced 2.7206 million metric tons of hot rolled sheet/coil, completing its annual
production task 51 days ahead of schedule.
SteelOrbis Shanghai