The first phrase of Dalian steel structure project conducted by Baosteel Group Corporation was put into production at Dalian Huayuankou Economic Zone, July 15, 2010.
The construction of Phrase I project was started on July 18, 2009.
With a total investment of 700 million yuan, the whole project is expected to achieve the annual output volume of two billion yuan and annual tax revenue of 50 million yuan.
Baosteel Group Corporation, one of the World Top 500, will also invest 500 million yuan in building a cold-formed thin-walled steel production base at Huayuankou.