May 17, 2008

Phase 3 of steel wire project of Baori Steel starts construction

It is reported that after equipment import contract signed, phase III of steel wire project of Baori Steel is ready for the construction now.

Phase III construction is the emphasis of the job in Baori Steel in this year. Besides five sets of annealing ovens and a pickling line, it is realized that other equipment such as drawing machine is manufactured in China. At present, both commercial negotiation and contract signing on all equipment have been completed.

In order to complete the construction and to start the trial production in this year, all jobs including production preparation, technology upgrade have already overall started, including training of special personnel specialized in management, technology and distribution. Moreover, the program of products outline and market and consumer research are in order now.