It is reported that Zhanjiang steel project, owned by Baosteel group as a second pioneering work sees a significant progress in near past.

The group revealed recently that the research design work on the feasibility of the over 10 million tonnes per year project is to be completed on time to the general plan at the middle & latter of this November.

Mr Zhao Ku deputy GMr of Baosteel noted a group of new steel projects are being put up in China, though indicating a drastic competitiveness. The top mill is to build Zhanjiang steel base as the most competitive steel enterprise. In the initial design period, the company aims at the operating style of choice product & large scale, paying close attention to issues like environment protection, recycling economy, independent integration of facilities and the rate of the large equipment made in China.

(Source: www.chinanews.com)