Baosteel starting up wire rod facility

baosteelCHINESE steel wire maker Jiangsu Baosteel is marking its entry into the high-grade wire rod product field with the set up of precision steel wire facility in Jiangsu Haimen Haibao Industrial Park.

The project will be constructed in two phases with the first phase to be put into production before the end of this year to produce 50,000 tonnes of precision steel wire. Baosteel Metal also plans second phase project at the same time and the two phases’ precision steel wire annual capacity in total will reach 100,000 tonnes.(PRA)