Date: 2013-07-31

HeBei YongYang Steel's semi-tandem rolling special steel production line put into operation

Recently, a special steel upgrading and restructuring project "Semi-tandem rolling special steel production line" carried out by HeBei YongYang Steel Company Ltd. has been officially put into operation in Yongnian County, Hebei Province, China.

It is reported that the gross investment for this project is 3.6 billion yuan, and the total construction area​​ is 67,000 square meters. Major joint workshops have been built for production of main products including more than 40 varieties of steel such as the spring flat steel for automobile spring plates, hot-rolled high-strength spring flat steel, bearing steel, gear steel, etc. for domestic automobile production enterprises and standard parts processing enterprises. After completion of the project, the annual production of 400,000 tons of spring steel, bearing steel, gear steel, etc. is expected, as well as the annual sales income of 28 billion yuan and annual taxes of 150 million yuan, and more than 320 positions will be available.

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