Guangdong Provincial Development and Reform Commission, Guangdong Steel Group Co., Ltd. have jointly convened media briefing in GuangZhou to introduce the Guangzhou Iron and Steel Environmental protection Relocation program, Guangdong Province, according to state that “‘equal displacement’ or ‘reduction replacement’, no new steel production capacity” of industrial policy, in the province out of 15 million tons of steel production capacity, the implementation of environmental relocation Guangzhou Iron and Steel in Zhanjiang Building 5 million tons of steel base fine. The total investment of 35 billion yuan, product positioning for the much-needed high-grade carbon Guangdong Steel Material.

Baosteel and Guangdong Province, Guangzhou City, the SASAC has agreed on the restructuring plan, Baoshan Iron and Steel in cash, Guangdong SASAC to the net assets of SISG funded to the SASAC of Guangzhou City, Guangzhou Iron and Steel net assets invested, jointly established by the Steel Guangdong Iron & Steel Group Holdings Co., Ltd., Baosteel Group, which invested in cash, 80% of the total share capital. The company was June 28, 2008 officially listed. Guangdong Iron and Steel Group will be the basis of reference to other cities in the successful relocation of the practice of steel, in Guangdong Province has eliminated 10 million tons of steel production capacity based on the subordinate out of Guangzhou Steel Group, 3.5 million tons of steel capacity of 1.5 million tons of steel and Shao backward steel production capacity, the implementation of wide steel environmental relocation, construction of five million tons in Zhanjiang, fine steel base. The construction period is three years, start construction during the year. Statistics of Guangdong Development and Reform Commission Li Miaojuan

such a data, “such as Guangdong, out of 15 million tons of steel capacity to smooth implementation of the program, then the country’s total steel production in Guangdong steel production fell 3.7% share from 2.3% decline 38%. ” She believes that, although the iron and steel production reduced in scale than before, but Guangdong steel industry will therefore be the reorganization and a “second chance.”

Zhanjiang is located in Guangdong, Guangxi, Hainan and ring joint of The Pearl River Delta, the Pan-Pearl River Delta’s forward, is to connect the ASEAN, Guangdong Province, southwest and north Bay, Hainan Special Economic Zone and other regional economic circle of the bridge and link, and unique conditions of Zhanjiang Port is the west and in the Tonkin Gulf region’s only state-level major hub port and largest natural deep water port. Therefore, the establishment of iron and steel base in Zhanjiang with the advantages.

Wide environmental relocation to the Zhanjiang steel, will be combined with consumer demand in South china and Southeast Asia, features, advantages of scale production, based on the carbon steel plate to meet the regional demand for high-end category, the main production of high carbon steel plate, as Car Plate, Home Appliances Plate, shipbuilding plate and other fine high-grade carbon steel and steel plate production base of raw material production bases. The main products include hot-rolled sheet, general cold plate, hot Galvanized plate , Electric galvanized sheet, electrical steel, etc., and Guangdong advanced manufacturing industry, supporting the formation of reasonable.

Baosteel Group vice president, general manager of Guangdong Iron and Steel Group, said Zhao Kun, Zhanjiang, Guangzhou Iron and Steel relocation project environmental technology advanced, world-class equipment levels, while achieving the best combination of resources and markets, future markets in South China and the ASEAN region will have a significant competitive advantage.

It is estimated that 10 million tons of steel with the production, an indicator of advanced and backward compared to an annual reduction of 4,047 tons of sulfur dioxide and chemical oxygen demand of 998 tons, tobacco dust emissions 39,438 tons, respectively, 42% reduction rate, 82 % and 86%; year Energy 2 million tons of standard coal, saving 21 million tons of new water. Project conforms to the recent State Council issued the “further intensify its efforts to ensure the realization of” five “emission reduction targets of the notice” (Guo Fa 2010 12) The spirit of energy conservation. Zhanjiang, Guangzhou Iron and Steel environmental relocation projects and planning the construction of 15 million tons in the Division were integrated refinery project located in Zhanjiang East Island, through the industrial chain design, public Project , Material transport, environmental protection, the four “integration” will be built into the East Sea Island produce clean, resource conservation, low carbon development of ecological industrial park. Implementation of environmental relocation Guangzhou Iron and Steel, Guangdong regional development, industrial structure adjustment of the rational distribution and significance. Implementation of the project is conducive to the development of western Guangdong to become new economic growth pole in Guangdong, the province’s advanced manufacturing industry and help form a rational industrial facilities, to meet the Development of Guangdong Province on the high grade of advanced manufacturing needs.