Capital Steel Group Caofeidian

 New Factory start  construction in

March 2007. According to evaluation

 , the new factory productivity, iron

 98.9 million MT, steel 97 million MT,

 rolled steel 90.5 million MT. In 2008

 achieve the half productivity, in

2010 achieve the full productivity. 

The new factory will keep the

circulation economics concept,

establish the zoology modernized

steel factory.