Kungang starts steelmaking project

Kunming Iron & Steel (Kungang), a subsidiary of Baowu Group, has started construction of a steelmaking and continuous casting plant as part of its relocation project, Kallanish notes.

The steelmaking and casting plant will build two 120-tonne converters with 2.8 million tonnes/year capacity, as well as a 2.6m t/y iron ore pellet production line. It will also add one 950,000 t/y Steckel mill, one 800,000 t/y wire rod line and two wire drawing lines with 550,000 t/y and 450,000 t/y capacity respectively.

With a total investment of over CNY 12 billion ($1.75 billion), the whole relocation project will reach 5.4m t/y of steel capacity after commissioning in 2021, according to Kungang. The company started construction of one 2,500m3 blast furnace of the relocation project last month, which has an iron design capacity of 2.13m t/y (see Kallanish passim).