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CHINA: CONSTRUCTION PLANS FOR PROPOSED $150,000,000 COLD ROLL (CR) STEEL MILL PRODUCTION CAPACITY EXPANSION PROJECT, NISSHIN STEEL [JAPAN] - Order #: 114700.

WWP-Business Opportunities in Asia & the Pacific, November, 2000

PROJECT OVERVIEW

Japan-based NISSHIN STEEL CO. LTD. currently operates a cold roll (CR) steel mill joint venture known as NINGBO BAOXIN STAINLESS STEEL in Ningbo, Zhejiang province, China. NISSHIN hold a 20% interest in the venture and its partners and their respective shareholdings include SHANGHAI BAOSTEEL (54%), ZHE YONG IRON & STEEL INVESTMENTS (12%) in addition to HANWA and MITSUI & CO. of Japan which equally share the balance of the equity.

The plant in question has a current installed production capacity of 80,000 tons per year (t/y). And, the consortium recently decided to double production output. The upgrade project will involve the installation of: - Second-stage CR stainless steel production facilities; - An annealing line; - A pickling...

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