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Overview of overseas plant construction of Chinese steel enterprises
In recent years, according to incomplete statistics, Chinese steel enterprises have planned or have built overseas plants in at least 20 countries around the world to realize the relocation of production capacity and broaden the overseas market. The details are as follows——
1. Hebei Iron and Steel Group has built an overseas pattern of "four steel, two mines and one platform". The "four steel" refers to Hebei Iron and steel SAIC steel, Hebei Iron and steel Macedonian medium plate company, Hebei Iron and Steel South DSP company, Hebei Iron and steel USA krahert steel company, the "two mines" refers to Henan iron and Steel South Africa mining company and Australia weilala iron ore company, and the "one platform" refers to Hebei Iron and steel Degao.
2. On September 7, 2021, Baosteel Co., Ltd. announced that the company had signed a memorandum of understanding with Saudi Aramco (hereinafter referred to as "Saudi Aramco") and planned to cooperate to build a world-class full process thick plate plant in Saudi Arabia.
3. Delong group has built the largest steel plant in Southeast Asia in Indonesia, with an estimated capacity of 20million tons / year; Invest 48million US dollars in Thailand to build hot rolled strip project.
4. The Vietnam Yongjin precision stainless steel strip project with an annual capacity of 250000 tons under Yongjin Co., Ltd. has been installed and put into trial production. The land acquisition of Thailand Yongjin precision stainless steel strip project with an annual capacity of 260000 tons has been completed, and the preliminary procedures such as design planning and environmental protection approval are being handled. Indonesia Yongjin has invested 1.257 billion yuan to process 700000 tons of wide width cold-rolled stainless steel sheets and strips per year. The construction of the project has been started.
5. Hebei Wu'an iron and Steel Co., Ltd. will build a 10million ton large modern comprehensive iron and steel enterprise in Malaysia. The total investment in the first phase of the project is rm13billion. It will start a 5million ton long process production line, and the main products are hot coils and plates.
6. Puyang iron and Steel Group plans to build an annual output of 600000 tons of ferronickel production line in Indonesia.
7. Guangxi Shenglong metallurgical invested US $1.4 billion to establish a joint steel base with an annual output of 3.5 million tons in Malaysia.
8. Jingye Group acquired 100% equity of British iron and steel with £ 53million.
9. At the beginning of 2018, Jianlong group controlled Donggang in Malaysia and plans to build Donggang into the most competitive steel complex in Malaysia with a total capacity of 5million tons in the future.
10. Kunming Iron and Steel Group has built the Myanmar China Iron and steel international production capacity cooperation project, which plans to build a full process steel plant with an annual production capacity of 4million tons (2million tons / year in phase I and 2million tons / year in phase II); It is planned to invest in the construction of a steel plant with an annual output of 2.7 million tons in Bangladesh.
11. Sinosteel Group acquired Pakistan steel company and increased its production capacity to 3million tons / year.
12. Nanjing Iron and Steel Group has set up a plant in Indonesia, with an annual steel production capacity of 2.6 million tons, which is expected to cost about US $380million, including four furnace smelting facilities, which will take 18 months to complete.
13. Qingshan group has built a 3million ton steel plant in Indonesia. Qingshan industry has been deeply involved in the Zimbabwe market. Since 2012, it has invested in the construction of ferrochromium smelter, and the scale of investment has been expanding. At present, two projects, ferrochromium smelter and coke plant, have been built. The construction of ordinary carbon steel project is under way. The above projects and other upstream and downstream industries will form a Zimbabwe Steel Industrial Park, with an output value of billions of dollars.
14. In January, 2022, the third phase project of Indonesia Delong Industrial Park was signed, and it is planned to build an annual output of 1.8 million tons of ferronickel production line. Indonesia Delong Industrial Park, located in Sulawesi island, Indonesia, is the first ferronickel and stainless steel industrial park of Jiangsu Delong nickel industry overseas. Its phase I and II projects have been included in the key project library of the "the Belt and Road" jointly constructed by China and Indonesia and Indonesia's national strategic projects.
15. Laos mining company and Hong Kong tianyunda international trade company signed a memorandum of understanding on cooperation in the construction of China Laos steel plant. The steel plant is located in the special economic zone of Taqu County, Gammon Province, Laos, with a total area of about 126 hectares.
16. Panhua Group invested US $3.5 billion in the Philippines to build a comprehensive steel plant with a capacity of 10million tons.
17. China invested 80million US dollars to build a rolling mill in Tanzania.
18. Yastar steel has invested in the construction of a steel plant with an annual output of 2million tons in Pakistan.
19. Cathay steel invested 26million US dollars in Zambia to expand the scale of its steel plant in Zambia and build a new angle steel plant.
20. Yongxing Group invested 100million US dollars to build a steel plant in Nigeria.
21. Huaihe Smelter Group invested 39million US dollars to build an electric furnace steelmaking plant in Uzbekistan.
22. On the morning of May 13, 2022, the first furnace of rkef2 electric furnace production line of the nickel iron smelting project in Qingdao Indonesia Comprehensive Industrial Park, jointly invested and constructed by Taishan Iron and Steel Group, Qingdao urban investment group and Qingdao Xiyuan, was successfully produced, marking that the line officially entered the production stage.