December 04, 2008

Baosteel to double COREX plant capacity

Reuters reported that Baosteel Group will double the pig iron production capacity of its low emission Corex plant to 3 million tonnes in an expansion project due for launch before the end of the year.

Baosteel said Corex direct iron ore smelting technology, which produces pig iron without processed coking coal, can cut production costs and pollution emissions.

Baosteel, the parent of listed Baoshan Iron and Steel Co, recently started commercial production at the first phase of the plant, able to produce 1.5 million tonnes of pig iron per year.