3.5 Million Ton Joint Steel Project in Malaysia put into production
It's informed by Shanghai Baoye Group disclosed on the 17th that the Malaysian joint steel project for 3.5 million tons steeln has fully completed and put into production. The party secretary and chairman of Shanghai Baoye Group Co., Ltd. Bai Xiaohu was invited to participate the production ceremony.
In June 2012, China and Malaysia signed the agreement on "Cooperation in the Mazhong Kuantan Industrial Park". Since then, the Mazhong Kuandan Industrial Park and Zhongma Qinzhou Industrial Park, which was jointly established by the two governments, have become the first sister district in the world to build an industrial park with each other. In 2014, United Steel (Dama) Group Corporation entered the park for the first time. It is the first modernized full-process integrated steel plant invested by mainland China. The Malaysian Joint Steel Project is an innovative exploration of China-Malaysia's capacity cooperation in the “Belt and Road” and has a significant demonstration effect on promoting bilateral economic and trade between China and Malaysia. The first phase of the project is designed to produce 3.5 million tons of high-end rod(& wire) and H-beam. The market of the joint steel company radiates to Southeast Asia and surrounding areas. After completion, it has become the most competitive steel plant in the “Belt and Road” and has driven tens of thousands of people to work.
It is reported that Shanghai Baoye company has undertaken 3.5 million tons of steel project ironmaking, steelmaking continuous casting, new 2# high-line, 3# bar and other projects. After the project is put into production, it will reach a daily output of 11,000 tons of molten steel, and successfully complete the construction task that get the unanimous approval of the owner and the management company. Shanghai Baoye adheres to the road of high-tech high-quality development, and constantly improve itself for the good vision of “building a life-cycle engineering service provider that is the most competitive in the whole industry chain”, show new achievements and shape new strengths in the “the Belt and Road”, that fully embodies the strength and responsibility of the "national team of metallurgical construction".
Shanghai All-Win Iron & Steel Company would like to learn from Baoye company to improve itself under the leading of "the Belt and Road", so it can realize its social responsibility under the leading of government's economical development.