Dongshan Metallurgy start construction of section mill

It is reported that 1 million tonnes project for I-Beam, Angle steel and Channel steel formally started its first stage construction with a commencement ceremony held by its investor and operator Hebei Dongshan Metallurgy Industry Company Limited on June 13th 2008.

As per report the project investment totals CNY 200 million including CNY 100 million for the first stage construction in the following six months. The second stage construction is expected to start in 2009.

The project will be the first mill supplying I-Beam, Angle and Channel for Whan's increasing demand. After the project, Hebei Dongshan Metallurgy Industry Company Ltd is expected to realize capacity target of 1 million tonnes of iron, steel and steel products each every year.