It is reported that Xinjiang Kunyu Steel, invested by Shangdong Shiheng Special Steel Company, has successfully rolled the first batch of steel products recently, marking the full start production of bars in Kunyu Steel.
Actually, this steel mill is a key project in realizing the West Development of China and promoting local economic prosperity as well.
Kunyu Steel owns three blast furnaces of 450m3, two converters of 50 tonnes, one 1.1 million tonnes bars production line, one 70,000 tonnes high speed wire rod production line and one 60,000 tonnes micro powder production line.
All of the projects are projected to be completed by the end of July, when Kunyu Steel would boast 1.8 million tonnes production capacity of pig iron, 1.8 million tonnes capacity of crude steel and 1.8 million tonnes of steel products.