Zhanjiang project originally planned production time is 2015

Zhanjiang project originally planned production time is in 2015, a management told our reporter, baosteel has started and production time is delayed, because the company product positioning and control mode of zhanjiang project carried on the detailed considerations and reorganize, hope later on in the project put into production can be profitable. It is carbon steel threaded connections tee reported, now in zhanjiang project investment has been compressed to 41.5 billion yuan, while a year ago when the project approved plan investment 69.68 billion yuan, has cut more than forty percent.

"The company will continue to focus on the target users of the new demand on the one hand constantly develop and launch new products to keep the business growth, on the other hand also in the planning and gradually carry out industry related e-commerce business, the implementation of the ASME B16.9 45 Deg Long Radius butt weld Elbow rapid development of the IT business, in order to form new growth of the company's business." Chairman of baosteel He Wenbo yesterday was the company's latest investment steel trading center in Shanghai, mainly for steel, iron ore and other steel materials of electronic trading, and supply chain financing business for small and medium-sized enterprises and the market price index as the core of information consulting business, there are a number of large steel mills to join.

In addition, baosteel is exploring to ASTM A234-WPB butt-weld carbon steel cap develop new materials other than steel. He Wenbo points out, is the new material such as aluminum company is research and development in the future business growth, at present, the company has a dedicated team and configure certain resources exploration in the field of new materials, new technologies, such as research and development of aluminium coated silicon, zinc aluminum and magnesium, and other products, as well as the production of new type of steel material, such as a car with a steel material, etc. In addition, baosteel and other business opportunities, including e-commerce, energy conservation, environmental protection, such as information technology is developing a number of emerging business, is expected to become the future new business growth point.