Chinese steel producer Bayi Iron & Steel to use Corex plants to expand production

Bayi Iron & Steel Co., Ltd., a steelmaker belonging to the Chinese Baosteel Group, plans to more than double its current steel production capacity of seven million tons per annum in the northwestern province of Xinjiang by 2015. Hot metal production is to be increased on the basis of the Corex process, which proved its performance and environmental compatibility during the performance tests and operation at Baosteel in Shanghai.