It is reported that the newest No 3 blast furnace of Pangang Group Panzhihua Steel & Vanadium Plant has produced pig iron over 1 million tonnes which marks a breakthrough in the technology of 2000 cubic meters of blast furnace smelting titanium vanadium magnetite.
No 3 blast furnace is the largest facility for smelting titanium vanadium magnetite in the world and its economic and technical indicators are optimized step by step since its first operation in 2005. In July 2011, No. 3 blast furnace has finished pig iron production of 141,400 tons with the average utilization coefficient reaching 2.28 which lays a solid foundation for achieving 1 million tonnes output in the near future.
Previously, several economic and technical indicators of No 3 blast furnace have hit a new record high in April 2011 ie 137,000 tonnes of pig iron production throughout the whole month, blast furnace utilization coefficient and the average daily output of pig iron reaching 2.279 tonne per day and 4558 tonnes respectively