According the news released by Nantong's government recently, a new steel product logistics center has been launched in Nantong's exclusive economic zone with an overall investment of RMB500 million, which will promote the further development of the steel logistics in Natong city. Accordingly, this center owns approximately 50000 square meters and it will allow 200 steel distributors to settle down after commissioned in 2013. Obviously, this program is beneficial to the storage, transportation as well as distribution of steel products and contributing to the intensive development of steel logistics base in Natong city.