# Baosteel Zhanjiang plans $5.35B blast furnace expansion in China

Baosteel Zhanjiang Steel Company Limited plans to invest $5.35 billion to add No. 4 and No. 5 blast furnace systems at its facility in China, including coking plants, power utilities, sintering, iron-making, steel-making and steel-rolling plants. The project will begin construction in 2022 and is expected to be completed by the end of 2025.

- Type: Expansion
- Announced: 2020-12-11
- Where: Zhanjiang, China, China
- Value: $5.35B
- Starts operating: 2025
- Status: announced
- Capacity: 7 million tons per year of iron and 6 million tons per year of steel; total capacity after expansion: 20 million tons per year
- Products: iron, steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Baosteel Zhanjiang Steel](https://endata.com/companies/47766.md)

## Sources

- [industrialinfo.com](https://www.industrialinfo.com/iirenergy/industry-news/article/baosteel-zhanjiang-plans-to-extend-blast-furnace-system-an-industrial-info-market-brief--290728), 2020-12-11: "Baosteel Zhanjiang Steel Company Limited plans to invest $5.35 billion to add a No. 4 and No. 5 blast furnace system at its facility in China."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.