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September 06, 2008


Dragon Steel to build blast furnace in Taiwan

YIEH reported that Taiwan’s Dragon Steel is planning to construct a blast furnace in the middle of Taiwan. The production of the furnace would be around 2.5 million tonne per year and it is planed to start production in 2010.

The production will achieve 3 million tonne per year in 2010 and the company is looking to reach 5 million tonnes.

It is reported that 1.5 million tonnes of the slab from Dragon will be supplied to Chung Hung Steel. The target market of HRC output from Dragon Steel will be electrical steel processing industries in Southeast Asia.