Sichuan Metallurgical Group Co., Ltd. was officially set up through merging eight steelmaking enterprises on July 27, signaling the birth of the new 10.49 million mt electric-arc furnace steelmaking group in China.
Through the merging of eight EAF steelmakers in Sichuan province, the Metallurgical Group has become China’s largest EAF (short-process) steelmaking group.
China aims to realize the EAF capacity taking up 15-20 percent of the overall crude steel capacity by 2025, compared to the current ratio of 10 percent.