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China High Quality Steel Capacity to Reach 8 Mln Tonnes in 2015

Friday, 24 February 2012 | 00:00
On February 22, 2012, Ministry of Industry and Information Technology of China released the 12th Five Year Plan on new materials industry, including special metallic functional materials, high-end metallic structural materials, advanced polymer materials, new inorganic non-metallic material, high performance composite material, and new edge-cutting materials.
It is clearly pointed out in this statement that China will center Shanghai and Jiangsu as high quality special steel production base, build scattered superior quality steel base in East China, Northeast, Shanxi, Wuhan, Henan, Tianjian, etc.
China aims to achieve 8 million tonnes of high quality steel production capacity by 2015, basically satisfying the demands from national key projects, marine, automobile, electricity industry, and more. And the main content is to develop comprehensive superior quality steel featuring high and strong performance, anti-corrosion, and pro-longed lifespan.
To be specific, the large diameter seamless steel pipe annual production capacity is to reach 500,000 tonnes, and that of special anti-corrosion steel and steel pipe come to 1 million and 100,000 tonnes. The annual production capacity of high-strength auto steel and basic parts steel is aimed at 3 million tonnes respectively.
Source: Steel Home
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