September 08, 2008

Baogang rail exports to surpass 126,000 tonnes in 2008

It is reported that Baotou Iron & Steel Co Ltd has won steel rail export contracts to Brazil, South Korea, Argentina and Malaysia, covering total supply of over 98,300 tonnes. Malaysia has booked 83,000 tonnes. The steel maker's total rail export volume is expected to break 126,000 tonnes this year.

As one of China's three steel rail production bases, Baogang has built world advanced high speed steel rail production line in 2006.

Baotou Iron & Steel Co Ltd exported 73,000 tonnes of steel rail last year hitting the record.