It is reported that Xilin Iron & Steel Group is reported to break through 2.1 million tonnes of crude steel output by mid November hitting the record high.

As per report, the mill started upgrading in management system since 1996 and completed reconstruction by the end of 2005, then run into the high growing channel.

From 2006 to 2008, the group poured CNY 1.9311 billion in the technology upgrading project and successfully did 42 projects, showing an unprecedented growth. Based on the upgrading, the mills stretched out its industrial chain into non steel sectors like cement fulfilling its development in multi fields.

Mr Miao Yuanqin chairman of the group said “XLsteel will build itself into construction steel production base in Heilongjiang. According to the 11th ‘Five Year Plan we will spend 2 to 3 years shaping the mill into a 6 million tonnes per year updated composite steelmaker with a well rounded product mix.”

(Sourced from MySteel.net)
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