Shanxi Iron and Steel Reorganization Plan, Six Steel Enterprises will integrate production capacity

Abstract The Shanxi iron and steel industry plans new plans based on new developments. On October 3, news from Shanxi Provincial Economic and Information Committee, Shanxi selected six steel companies such as Taigang, Shougang Changgang, Zhongyang Iron and Steel, Haixin, Jiugang Wing Steel and Fusheng Steel as the carrying steel industry in Shanxi Province. ...

Shanxi steel industry plans new plans based on new developments.
On October 3, news from Shanxi Provincial Economic and Information Committee, Shanxi selected six steel companies such as Taigang, Shougang Changgang, Zhongyang Iron and Steel, Haixin, Jiugang Wing Steel and Fusheng Steel as the carrying steel industry in Shanxi Province. Further implement the restructuring and integration, and realize the main fleet of bigger and stronger.
At the beginning of integration in 2009, Shanxi's initial plan for the steel industry was to rely on Taigang Group, Changgang Group, Haixin Iron and Steel, Zhongyu Iron and Steel, Zhongyang Iron and Steel and other existing large-scale advantageous enterprises to form Taiyuan, Changzhi and Yuncheng. Linyi and Luliang have 5 production bases. Focus on the construction of the Lvliang Iron and Steel Production Base of Taiyuan Iron and Steel and the construction of Taiyuan Stainless Steel Deep Processing Park.
However, after a year of integration and restructuring, Shanxi has renewed its new planning ideas. “Since the integration of the Shanxi iron and steel industry, this idea has been proposed for the first time, and there is no actual action yet.” The person in charge of the investment department of the Shanxi Provincial Economic and Information Committee said.
“These six steel companies are ranked top in the province,” said a senior steel industry official in Shanxi Province. It is reported that Taigang Group is located in Taiyuan City with a capacity of 10 million tons. Shougang Changzhi Iron and Steel Co., Ltd. is located in Changzhi, with an annual steel production capacity of 3.6 million tons. Haixin Iron and Steel Group is located in Yuncheng and has a comprehensive production capacity of 5.6 million tons of iron, 6 million tons of steel, 2.6 million tons of steel and 2.6 million tons of slabs. Jiugang Steel Co., Ltd. produces 1 million tons of iron, 1.68 million tons of steel and 1.88 million tons of steel. Fusheng Steel Co., Ltd. is located in Jincheng City. It plans to produce 1.8 million tons of hot-rolled ribbed steel, 600,000 tons of high-speed wire and 2 million tons of plate.

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