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Mitsubishi-Hitachi Metals Machinery to Supply Tandem Cold Mill to Baosteel
08/29/2013 - Mitsubishi-Hitachi Metals Machinery, Inc. and Mitsubishi Corp. jointly received an order for a tandem cold mill from China's Baosteel.
The Zhanjiang Steel Works is currently under construction in China's Guangdong Province. The plant will have an annual capacity of 2.2 million tons, and will enable production of high grade steel sheet products such as automotive steel sheets. Production is scheduled to start during fiscal year 2015. High expectations are placed on Zhanjiang Steel Works as a base of Baosteel for exports to southeast Asian markets and southern China. Once complete after a planned 2nd phase of construction, the works is expected to have a crude steel production scale of 10 million tons.
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