Rizhao Steel to build 2 large blast furnaces in 2020

Published: Nov 13, 2019 14:56

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They are expected to come online in 2022

SHANGHAI, Nov 13 (SMM) – Rizhao Steel Holding Group plans to begin construction of two 3,000 m³ blast furnaces and two 300 t converters next year, which are expected to come online in 2022, SMM learned.

This will add 5 million mt of iron-making capacity and 6 million mt of steel-making capacity.

The Shandong-based private steelmaker now has about 14 million mt of iron-making capacity.

Steel

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