It's reported that the Chinese steelmaker Baosteel said that it has signed a contract to supply a 2,030mm cold rolled (CR) continuous annealing furnace for its new iron and steel base in Zhanjiang.
The designed annual production of the 2,030 mm CR continuous annealing furnace is at 2.2 mill tons.
Meanwhile, the construction work will be initiated in September and Baosteel expected to start the hot run tests in June, 2016.