Anhui to Build Steel Processing Base

A steel complex based in the Hefei Economic Circle, Anhui will be set up in the next five years. The group intended to deal with high quality steel production and processing businesses will include most of the iron ore assets in Liuan and Chaohu, where more than six billion tons of iron ore reserves have been identified.

According to the program, large integrated steelmakers in Chaohu, Liuan and Hefei are required to combine their steelmaking facilities. A new conglomerate led by Lujiang Special Steel will be built with operations covering mining, ore-dressing, iron-making and steelmaking.

20 billion yuan will be spent to establish a high-quality special steel project of six million tons in Huoqiu, and another 10 billion yuan will be used to build a three million t/y special steel project headed by Masteel Group and Lujiang Special in Lujiang. ing operations combined basisiuan and Hefei mssingnhui. lity in shape and on; The new project will serve the local automotive and equipment manufacturing sectors.