October 12, 2008

Shagang to invest CNY 3 billion to build Green Steel City

According to Jiangsu Shagang Group, Shagang would invest CNY 3 billion in further saving energy, reducing emission and developing recycled economy.

Shagang hopes to reduce integrative energy cost per ton steel to less than 600 kilogram of standard coal to reduce new water cost per tonne steel to 3.6 tonne to raise the utilization rate of industrial water to 97.55%, and to raise the utilization rate of varieties of gas to 100% by the end of “11th five year plan.”

Looking at statistics, the integrative energy cost per tonne steel of Shagang in 2007 was 630 kilogram standard coal. The emission of sulfur dioxide per ton steel was 0.88 kilogram which took only 47.3% in average emission in China. Emissions of dust and powder per tonne steel and wastewater per tonne steel were 0.66 kilogram and 1.7 tonnes respectively taking 49.6% and 59.8% in the average level in China.