Qinhuangdao Baigong Iron & Steel Co., Ltd. revealed that construction of its steel production equipment upgrading and vanadium-titanium smelting project advances as scheduled. When the project is built and goes into operation, it will have a production capacity of 1.60 million tons of bar and strip steel, 10,000t of vanadium pentoxide and 4,000t of vanadium nitride, and therefore is expected to help boost local economic development.
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