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Shandong Government Intends to Officially Start the Construction of Rizhao Top Grade Steel Industry Park Next Year

Appointed by the Sate Council as only pilot province of national steel  governing, Shandong Province speeds up its moving steps on steel industry from inland to coastal areas. Shandong Economic Work Conference brings forward Shandong government intends to officially start the construction of Rizhao top grade steel Industry park next year.

As a coastal province of highly advanced economy, huge steel production and consunption, Shandong is representative on the development mode,geographic layout, industrial composition, technology level of national steel industry. Economists in Shandong agree that being chosen is a significant achievement of Shandong Blue Economic Strategy at the beginning of  the 12th Five-Year Plan, thus bringing new opportunities to the governing of Shandong steel industry.

According to the  steel industry adjustment strategy of Shandong government, the total steel output will decrease over 10 million tons and keep the output under 50 million tons during the 12th  FYP. The percentage of coastal steel output  will increase to over 43%, while that  of  top grade steel will increase to over 30%. Integrated energy consumption & sulfurous acid anhydride emission will lower over 3.9% and 47.4% each.Number of steel smelting factories will decrease to 5 or 6 from 21 at present.
 
Shandong government claims to carry out the pilot program by making reference policies to speed up the construction of Rizhao top grade steel industry park and try to succeed in the effort  of combining & reforming  of Rizhao Steel Co.,Ltd.and Qingdao Steel Co.,Ltd..

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