The map below shows the exact location of the plant in Baotou, Inner Mongolia, China:
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The company is establishing a 1.6 million tons per year rare earth ferritic stainless steel project. Currently, the initial procedures for the first phase of the project, an 800,000-ton ferritic stainless steel project, have been completed. The total investment for the project is 6 billion yuan. After the completion of the entire project, it is expected to generate an additional output value of 12 billion yuan and a profit and tax revenue of 1.2 billion yuan, forming a "chromite ore - high carbon ferrochrome - stainless steel" industrial chain.The main equipment of the project includes the construction of a 1,250 cubic meter blast furnace in the ironmaking section, along with a supporting 180 square meter sintering system with a capacity of 1.1 million tons. In the steelmaking section, there will be the construction of two 110-ton iron dephosphorization stations, one 120-ton EAF electric furnace, one 120-ton AOD-L converter, one 120-ton SS-VOD vacuum refining furnace, one 120-ton LF ladle refining furnace, and one 1600MM single-strand slab continuous casting machine. The annual production capacity will be 800,000 tons of stainless steel molten steel and 768,000 tons of stainless steel continuous casting billets.The first phase of the project is expected to have a construction period of 2 years. The bidding and design process is planned to start in October 2021, with official civil construction commencing in March 2022. The project is scheduled to be completed and put into operation in October 2023.[1][2]
To access additional data, including an interactive map of steel power plants, a downloadable dataset, and summary data, please visit the Global Steel Plant Tracker on the Global Energy Monitor website.
