Baosteel Desheng Stainless Steel Co., Ltd. is located in Jingang Industrial Zone, Luoyuan Bay Development Zone, facing south, 6 kilometers east of Luoyuan Bay Luneng Wharf, 13 kilometers west of Luoyuan County, and south of Luoyuan Bay, covering an area of 3267 Mu, all of which is land reclamation from the beach.

The company was established in December 2005. In 2011, Baosteel Group invested and controlled with a registered capital of 10 billion yuan. It is mainly engaged in smelting, hot rolling, solid solution, cold rolling, sales of metallic nickel, nickel alloys, various alloys, hot ( Cold) rolled stainless steel coil, nickel alloy coil, foreign trade.

The project is carried out in phases, with a total planned investment of 30 billion for the construction of a nickel alloy production base, which will eventually reach an annual production scale of more than 3 million tons of hot and cold rolled stainless steel coils. Forming one of the country’s large-scale nickel alloy production bases, filling the gap in nickel alloy production in Fujian Province, and playing a demonstrative role in the development of the economic construction of the Luoyuan Bay Port Industrial Zone on the west side of the Straits.

The company has acquired or participated in a number of overseas mining and shipping companies to make full use of overseas mineral resources to form a complete industrial chain of mining-smelting-rough processing-finishing-product processing, and has related supporting projects such as coking, warehousing, logistics, etc..

The first phase of the construction project is an annual output of 920,000 tons of nickel Ni5-25 nickel alloy and an annual output of 820,000 tons of hot-rolled stainless steel strips. The project investment exceeds 4.5 billion yuan. It is a key project under construction in Fujian Province in 2007, 2008, and 2009.

The construction project started to fill the beach in October 2005 and began construction in October 2006. In March 2009, the project with an annual output of 820,000 tons of hot-rolled stainless steel coils and strips was completed for trial production. At the end of the same year, the project with an annual output of 920,000 tons of nickel alloys was completed for trial production.

The project introduces Ukraine’s advanced smelting patent technology, makes full use of foreign laterite nickel resources, and develops efficient use of low-grade laterite nickel ore. The project construction focuses on investment in environmental protection facilities, smoke and dust gas emissions, solid waste treatment, sewage treatment, and waste acid. Environmental protection facilities such as treatment and noise elimination account for 20% of fixed-asset investment.

The project adopts a series of energy-saving technologies such as heat delivery, continuous rolling, and heating system selection of energy-saving regenerative heating furnaces, blast furnace gas recycling, and motor frequency conversion to achieve the purpose of energy-saving and consumption reduction.

After the first phase of the project reaches production, it will produce 920,000 tons of nickel alloy and 820,000 tons of nickel alloy hot-rolled coils and strips annually. The new annual industrial output value is more than 10 billion yuan.

The second phase of the construction project invested 8.7 billion yuan, reaching an annual production scale of 250,000 tons of nickel 15-40 nickel alloy, 400,000 tons of cold-rolled stainless steel, and 2 million tons of hot-rolled nickel alloy plates.

While building the project, the company continuously strengthens corporate technology development and the company’s own management, is committed to energy conservation, emission reduction, environmental protection, and harmonizes resources, benefits, and the environment, and strives to build a large-scale nickel alloy production base in the country.

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