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Name of Project : Reconstruction of Iron & Steel Structure

¡¡ Construction Site : Tianjin Industry Area on the lower reach of Haihe River

¡¡ Total Investment : 2240million dollar

¡¡ Funding Scheme : Self-financing and loan

¡¡ Category of Trade : Industry

¡¡ Progress Status of the Project : planning stage
¡¡
¡¡Planned time for going to Operation : the year of 2001
¡¡

¡¡ Project Profile:
¡¡Twice iron & steel smelting technology adopted by Tianjin Iron & Steel Factory polluted the environment seriously and should be eliminated. As removing eastwards, Tianjin Iron & Steel Factory makes great efforts to develop its production by getting rid of the backward technologies, lowering the cost and eliminating pollution. This is also the symbol project of industry moving eastwards


¡¡ Construction Scale and Content:
¡¡ Two 1000-cubic-meter blast furnaces and two 50-ton rotating furnaces will be set up. Annual yield of molten iron and billets will reach 1.3 million tons and 1 million tons respectively


¡¡ Social and Economic Benefit:
¡¡1.Production cost goes down by eliminating backward technology of smelting iron and steel. For example, the cost of coke can reduce 110 million yuan. 2.Providing high-grade raw materials to metal products, improvement quality of products and lower the purchase cost to make metalwork industry earn a extension profit of 50 million yuan. 3.Realization of the inter-supply of raw materials among Iron & Steel Co, Tianjin Iron & Steel Factory and No.3 Gas Factory. Optimizing of the resources setting by means of utilizing current utilities and auxiliary facilities. .

¡¡

¡¡ Construction Unit : Tianjin Iron & Steel Co Ltd
¡¡ Person in Contact :
Liu Zhe
¡¡ Telephone for Connection : 23397770

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