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Tangshan Ruifeng Iron and Steel company is undertaking a renovation of its plant, after which the annual output will be 2.4mn mt of strip steel, China Metallurgical News, a government agency, reported on April 20. 

Renovation work began in September 2019 and will be complete by December this year. 

The company is mainly building a 2,100 cubic metre blast furnace; a 210mt converter; and 1,580mm hot rolled steel strip production line. 

Tangshan Ruifeng has invested CNY 7.7bn in the project. 

Tangshan Ruifeng Iron and Steel is based in Tangshan city, Hebei province. 

($1= CNY 7.07)

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