Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

HBIS Laoting Iron & Steel has fully commissioned its new 4.1mn mt annual capacity high-performance hot strip mill. Hot-rolled coils will be produced with a maximum width of 1,900mm and thickness of 1.2-25.4mm. 


According to media reports, the mill’s product spectrum covers low-alloyed carbon steel, high-strength automotive grades, weather-resistant structural, high-pressure pipe grades, shipbuilding, and heavy structural steel. Equipment for slab sizing to customer specifications has also been installed in the plant. 


In late 2019, HBIS announced plans for a 20mn mt annual capacity Laoting Iron & Steel project. Blast furnace (BF) No 2 was put in operation in November 2020 and No 1 in September of the same year. BF No 3 was placed in operation by January 2021 for a total production capacity of 7.3mn mt between the three BFs.

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