The level of Xinjiang Bayi Iron and Steel Co., Ltd.

Since 2002, Bayi Steel has invested a lot of money to build a new system. After nearly four years' efforts, projects with international and domestic advanced levels, such as color coating, zinc plating, cold rolling, 1 100 ton electric furnace and 1750 hot rolled strip steel, have been completed and put into operation one after another, ending the history of Bayi Steel only producing construction steel. Hot-rolled, cold-rolled, color-coated galvanized and other high value-added plate products have entered the market, and the production of excellent steel and metal products has also made great progress, the product structure has been strategically adjusted, and the market competitiveness has been greatly enhanced. At present, Bayi Steel is working hard to build a new steelmaking system and ironmaking system. The main projects include two 2500m3 blast furnaces, three120t converters, four 55-hole coke ovens, two large sintering machines, raw material yards and other related supporting facilities. Tooling and equipment will enter the ranks of large-scale. During the 11th Five-Year Plan period, with the support of Baosteel Group, Bayi Steel will also build a set of 4.2m and 3.5m plate mills, rebuild and build a bar production line, and build three 40,000m3 oxygen generators. Small sintering machines, small blast furnaces and small converters in the old system will be phased out year by year according to the requirements of national industrial policies. By the end of the Eleventh Five-Year Plan, Bayi Steel will have an annual production capacity of 8 million tons of steel, and its product structure and enterprise strength will reach a new level.