China Baowu Ouye chain Zhengpu Port Central Base in Jinma Anshan has been completed and put into production! The annual output value is expected to exceed 2 billion yuan.

China Baowu Ouye chain Zhengpu Port Central Base in Jinma Anshan has been completed and put into production! The estimated annual output value is more than 2 billion yuan] it is reported that during the construction of the project, the Zhengpu Port Central Base was built strictly in accordance with the unified standards of China's Baowu Wisdom Factory, and has now undertaken the first projects in the industry, such as the development of the gold intelligent security system of the European smelter chain and the research and development of unmanned steel grasping robots. In the future, Wubao Company will actively promote the production and processing of high-tech scrap, establish a high-quality, intelligent and green industrial model, and strive to build the central base of Zhengpu Port into a famous scrap recycling access enterprise of the Ministry of Industry and Information Technology in the region within three years.

SMM survey: what kind of metal do you like most in 2022?

Recently, as one of the major projects to celebrate the first "Company Day" in Baowu, China, the completion and commissioning ceremony of Zhengpu Port Central Base in Jinma Anshan, Ouye chain was held in Zhengpu Port New area.

The central base of Zhengpu Port in Ma'anshan is invested and built by Ouye chain Jinwubao Co., Ltd. Wubao Co., Ltd. was established as a joint venture between Euro Metallurgical chain Gold and product logistics, and was officially registered in February 2019. The company is mainly engaged in scrap metal recycling, processing, warehousing, sales, pig iron, steel warehousing, sales, logistics and domestic trade agency services. The construction of Zhengpu Port central base is an important part of the strategic layout of "one headquarters, multi-base" for Wubao Company to undertake Euro Metallurgical chain Gold. The project covers an area of about 68.4mu and is divided into two phases of construction. the first phase of the project is mainly industrial heavy waste, medium waste and light material processing, with an annual output of 300000 tons of qualified scrap and 300000 tons of warehousing and distribution; the second phase of the project has an annual processing scale of 500000 tons and warehousing and distribution of 500000 tons. After the completion of the project, the annual output value is expected to exceed 2 billion yuan.

Circular economy, energy saving and environmental protection are the inevitable trend of the development of iron and steel industry. under the background of double carbon, scrap steel is a kind of unlimited recycling, energy-saving environmental protection resources and the only strategic resource that can replace iron ore steelmaking. Strengthening the construction of scrap resources guarantee system, reducing dependence on imported iron ore and reducing carbon emissions are the long-term propositions of China's iron and steel industry in the future. This time, Ouye chain Gold has set up a scrap processing center base in Zhengpugang New area, which is of great significance and far-reaching impact. It is not only a key project for Ouye chain Gold to promote the construction of "China Baowu National scrap Base" in Maanshan City, but also an important part of establishing a metal renewable resources industry cluster with Zhengpu Port as the center, covering Jiangsu, Zhejiang, Shanghai and Anhui, and radiating the whole country. it is also of great significance to promote the healthy growth of scrap recycling industry in Maanshan City and promote the high-quality development of local economy.

It is reported that during the construction of the project, Zhengpu Port Central Base was built in strict accordance with the unified standards of Baowu Wisdom Factory in China, and has now undertaken the first project of the industry, such as the development of gold intelligent safety system of European smelter chain and the research and development of unmanned steel robot. In the future, Wubao Company will actively promote the production and processing of high-tech scrap and create a high-quality, intelligent and green industrial model. within three years, we will strive to build the central base of Zhengpu Port into a famous scrap recycling access enterprise of the Ministry of Industry and Information Technology in the region, industry and society.

Leaders of Maanshan City, Ouye chain Gold and Product Zhongda Group, Zhengpu Port New area Management Committee, Product Zhongda, Huahong Science and Technology, as well as relevant responsible persons and staff representatives of various departments and centers of Ouye chain Gold attended the ceremony.

Click to subscribe to SMM China Nickel Industry chain Annual report to master comprehensive and in-depth industry chain data, research information and SMM professional analysis

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
High-Grade NPI Smelter Profits Squeezed as Ore Prices Rise and Sales Prices Dip
22 hours ago
High-Grade NPI Smelter Profits Squeezed as Ore Prices Rise and Sales Prices Dip
Read More
High-Grade NPI Smelter Profits Squeezed as Ore Prices Rise and Sales Prices Dip
High-Grade NPI Smelter Profits Squeezed as Ore Prices Rise and Sales Prices Dip
[SMM Nickel Flash] Based on nickel ore prices from 25 days ago, smelter profits for high-grade NPI remained high this week. However, from the current raw material side, ore prices from both the Philippines and Indonesia increased, while auxiliary material prices saw a slight pullback, leading to an increase in the cash cost of producing high-grade NPI from spot ore. At the same time, high-grade NPI prices experienced some pullback, making it difficult for smelter profits to see sustained improvement.
22 hours ago
High-Grade NPI Prices Fall, Expected to Stabilize as Chinese New Year Approaches
22 hours ago
High-Grade NPI Prices Fall, Expected to Stabilize as Chinese New Year Approaches
Read More
High-Grade NPI Prices Fall, Expected to Stabilize as Chinese New Year Approaches
High-Grade NPI Prices Fall, Expected to Stabilize as Chinese New Year Approaches
[SMM Nickel Flash] This week, due to a sharp decline in futures triggering arbitrage selling, high-grade NPI prices fell significantly. However, after the selling activity subsided, upstream quotations and the market center gradually returned to normal levels, supported by cost factors. Looking ahead, as the Chinese New Year holiday approaches, market activity is expected to remain subdued, and high-grade NPI prices are projected to hover at highs with limited fluctuations.
22 hours ago
Nickel Prices Drop: SMM 10-12% High-Grade NPI Down 17.2 Yuan, Indonesia NPI FOB Index Falls 2.06 $/mtu
22 hours ago
Nickel Prices Drop: SMM 10-12% High-Grade NPI Down 17.2 Yuan, Indonesia NPI FOB Index Falls 2.06 $/mtu
Read More
Nickel Prices Drop: SMM 10-12% High-Grade NPI Down 17.2 Yuan, Indonesia NPI FOB Index Falls 2.06 $/mtu
Nickel Prices Drop: SMM 10-12% High-Grade NPI Down 17.2 Yuan, Indonesia NPI FOB Index Falls 2.06 $/mtu
[SMM Nickel Flash] The SMM average price of 10-12% high-grade NPI fell 17.2 yuan/mtu WoW to 1,035.8 yuan/mtu (ex-factory, tax included), while the Indonesia NPI FOB index average price dropped 2.06 $/mtu WoW to 131.2 $/mtu. At the beginning of the week, futures hit limit-down, and nickel prices fell sharply WoW, driving the emergence of arbitrage supplies sold at low prices, leading to a significant decline in high-grade NPI prices.
22 hours ago
China Baowu Ouye chain Zhengpu Port Central Base in Jinma Anshan has been completed and put into production! The annual output value is expected to exceed 2 billion yuan. - Shanghai Metals Market (SMM)