SMM, Aug. 12 / PRNewswire-Asianet /-
Production capacity of high nickel pig iron
The high nickel pig iron plant consists of an "old plant" and a "new plant". Among them, "Laochang" has 13 ore heaters, including 7 25000KVA furnaces and 6 33000KVA furnaces, with an annual capacity of about 55000 metal tons. "Xinchang" has 12 33000KVA ore furnaces, with an annual production capacity of about 65000 metal tons, with a total annual capacity of 120000 tons of metal. In addition, the "new plant" plans to expand the production of eight 48000KVA furnaces, with an annual production capacity of about 60,000 metal tons. To sum up, the large nickel pig iron plant will have an annual production capacity of 180,000 metal tons in the future. At present, the factory is full of production because of its huge profits.
Pace of delivery of new production capacity
The market focuses on the acquisition of equity in a large domestic stainless steel plant. According to extensive research by SMM, whether or not the acquisition can be completed, the plant will put into production its eight 48000KVA furnaces by the end of the year. The only difference is that if the acquisition is reached, the planned 3 million tons of stainless steel project at the plant will be completed and put into production within 1 to 2 years.
With regard to the commissioning time and rhythm of its eight ore heaters, SMM believes that the production schedule of its own power plant should be taken into account. The plant is currently building two new 350MW units and is expected to go into production by the end of September this year. Among them, 3 power units will be used for the original and expansion capacity operation, 1 for stainless steel capacity reservation. According to extensive research by SMM, people in the industry generally believe that the plant will be put into production after October, and the production rate is expected to be 2 48000KVA/ months.
Production forecast for October to December
At the pace of new production capacity of 2 units per month, SMM Neutral expects the plant to produce six ore heaters this year, that is, an annual production capacity of 165000 metal tons by the end of the year, and the remaining two furnaces will be put into production in early 2018. If optimistic, all eight furnaces will be put into production this year, with a production capacity of 180,000 metal tons by the end of the year.
According to the neutral estimate, the production of the plant in October to December is reflected in the following aspects: two 48000 KVA units were put into production in October, with a monthly output of more than 10,000 metal tons, and two sets of 48000 KVA were continued to be put into production in November, with a monthly output of 11,000 metal tons. Two new 48000KVA units were added in December, with monthly production of 13,000 metal tons (capacity utilization of about 90 per cent).
However, SMM believes that the plant's output in the second half of the year can not be too optimistic, mainly due to the suppression of environmental protection and high pressure in the heating season. Although the heating season did not affect the plant's production in the same period last year, this year's environmental policy is the strictest in history, and its downstream buyers do not have 100 per cent confidence in whether the plant can maintain normal production.
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