Baosteel starts up Zhanjiang project

The blast furnace will cater to product requirements in Guangdong, say officials

Shanghai-based Baoshan Iron and Steel, or Baosteel, commenced trial operations at its steel project in Zhanjiang, Guangdong province, on Friday with its No 1 blast furnace going on stream amid concerns of a glut in the industry.

Work on the project began in 2013. The company said in a regulatory filing that the blast furnace has a capacity of 5,050 cubic meters, and will produce 4.1 million tons of molten iron every year.