Baowu Special Metallurgy's special metallurgical materials Ma'anshan base project starts construction
2022-06-29 16:19:32 【Print】
On June 27, the groundbreaking ceremony of special metallurgical materials Ma'anshan base project of Baowu Special Metallurgy was held
. With the total investment of about RMB2 billion (USD298 million), the project is planned to be constructed in two phases . In particular, with an covering area of about 28 acres, the first phase of the project mainly will build a 50-ton electric furnace, a 50-ton alloy melting furnace, as well as related off-furnace refining equipment, die casting production lines and others . It is expected to form an annual production scale of about 146,300 tons of steel ingots . It mainly produces nickel-based alloys, special structural steels, special stainless steels and special-grade die steels, which are widely used in defense and military industries, energy power stations, advanced transportation, construction machinery, petrochemicals, environmental protection and other industries . The first phase of the project is expected to be completed in October 2023.