China Baowu Group Xinjiang Bayi Iron & Steel Co.,Ltd. (Abbreviated to Bayi Iron & Steel)
Bayi Iron and Steel was formally called Xinjiang Military Area Logistics Department Iron and Steel Plant which was established through arduous work in September 1951 by the People's Liberation Army stationed in Xinjiang. It was named as Xinjiang Military Area Bayi General Iron and Steel Plant on May 20, 1952. It was renamed as Xinjiang Bayi Iron and Steel Plant in 1953 after it was handed over to the Industrial Bureau of Xinjiang Uyghur Autonomous Region. On September 27, 1995, Xinjiang Iron and Steel (Group) Co., Ltd. was established with the Xinjiang Bayi General Iron and Steel Plant as the main part; and was renamed as Xinjiang Bayi Iron and Steel (Group) Co., Ltd. in November 1999. On January 16, 2007, Xinjiang Bayi Iron and Steel Group Limited Liability Company was reorganized after an agreement was signed between Baosteel and the Government of Xinjiang Uygur Autonomous Region; On April 28, the company officially joined the Baosteel Group and was named as Baosteel Group Xinjiang Bayi Iron & Steel Co., Ltd.
Bayi Iron & Steel has a complete set of production processes ranging from mining, mineral separation, sintering, coking, iron making, steel-making, and steel rolling. In addition to the Yamansu iron mine and Mengku iron mine in Hami Prefecture and Altay Prefecture of Xinjiang respectively, Bayi Iron & Steel has selfowned iron mines with considerable reserves in northern and southern Xinjiang. It also has a coal mine in Ewirgol of Urumqi which mainly produces coking coal. Bayi Iron and Steel also produces products made of iron and steel such as metal-ware.
Bayi Iron & Steel has an annual steel output of 11 million tons.Its products include long steel products, steel plates, and steel pipes,which are mainly sold in Xinjiang and other provinces in western China. Some of the products are also exported to Central Asia.
In 2015, Bayi Iron & Steel Co., Ltd. produced 310,000 tons of iron, 4.4474 million tons of steel, and 4.3538 million tons of steel products, and sold 4.7224 million tons of steel products, realizing an operating revenue of RMB 10.6 billion.
|China Baowu Group Xinjiang Bayi Iron & Steel Co.,Ltd. (Abbreviated to Bayi Iron & Steel)|
Address: Bayi Road, Toutunhe District,
|Post code:830022||Fax: 86-0991-3891000/3890035|