Chifeng Yuanlian begins trial run of HR steel strip project
2025-10-23 15:52:17 [Print]
Chifeng Yuanlian Steel Co., Ltd. has started trial operations at its hot-rolled special steel project in Hongshan Industrial Park. With the total investment estimated at RMB870 million, the project broke ground in August 2024, mainly featuring a production line with an annual capacity of 2.2 million tonnes of high-performance hot-rolled alloy steel strips.
With construction and equipment setup completed, the project is ready for stable operation. Once fully running, it is expected to create 261 jobs, generate around RMB8 billion (USD1.12 billion) in annual sales, RMB110 million (USD15.44 million) in net profit, and contribute RMB30 million (USD4.21 million) in taxes.
With construction and equipment setup completed, the project is ready for stable operation. Once fully running, it is expected to create 261 jobs, generate around RMB8 billion (USD1.12 billion) in annual sales, RMB110 million (USD15.44 million) in net profit, and contribute RMB30 million (USD4.21 million) in taxes.

