Jiangsu Valin Tin Steel has been fully put into operation

At 5 p.m. of March 17th, the production line of 258 MPM (Mandrel Pipe Mill) was put into operation formally in Jiangsu Valin Tin Steel Special Steel Co., Ltd. It is the most advanced production line of MPM in the world, which will help to fulfill capability of RMB 15 billion to RMB 20 billion when fully put into operation. So far, the main part of the overall relocation and transformation project of Vanlin Tin Steel has been completed and put into operation, which indicates Valin Group has stepped forward in the construction of the world s leading steel pipe production base.

When engaging in the main pursuit, the steel industry, Valin Tin Steel has also built inner harbor along the Yangtze River and put it into operation. In addition, the port along the Yangtze River, which has been launched and in preparations, is expected to form a throughput of 10 million tons in 2012. At that time, cargo ships with carrying capacities of 100,000 tons will be able to reach Valin-Jingjiang Port directly and the competitiveness of Valin Group will be promoted greatly as well.