Shandong Steel breaks ground for long steel project in Xinjiang

Wednesday, 14 March 2012 11:37:07 (GMT+3)   |  
       

Chinese steelmaker Shandong Steel Group has announced that it broke ground for its new long steel project in Kashi in China's Xinjiang Uyghur autonomous region on March 12. 
 
The overall project includes a 1,000 cubic meter blast furnace, a 100 mt converter and a rolling line with a designed annual capacity of 500,000 mt of wire rod and 500,000 mt of steel bar. Shandong provincial government will contribute funds for the project, while Huatian Engineering and Technology Corporation, subsidiary of China Metallurgic Group Corporation (MCC), will be in charge of the construction. The project is expected to be put into production by the end of October 2012.

Similar articles

Local Chinese longs market cautious ahead of holiday, price movement limited

29 Apr | Longs and Billet

Iskenderun-based Turkish mill revises its rebar price

29 Apr | Longs and Billet

Wire rod prices in Taiwanese domestic market - week 17, 2024

26 Apr | Longs and Billet

Stability in southern Europe longs market amid weak demand

26 Apr | Longs and Billet

Romanian mill cuts rebar prices amid very slow demand, traders’ offers stable

25 Apr | Longs and Billet

Ex-China wire rod prices stable, ex-ASEAN mills aim higher amid non-VAT inspections

25 Apr | Longs and Billet

Saudi Arabia’s Hadeed once again keeps offers stable for May

25 Apr | Longs and Billet

Turkey’s Kardemir cuts its wire rod prices

25 Apr | Longs and Billet

Turkey’s Kardemir reduces its wire rod prices for engineering grade products

25 Apr | Longs and Billet

Bulgarian longs market moves down amid sluggish demand

25 Apr | Longs and Billet