China’s top steel producer Baowu Steel Group has started production at the first phase of an aluminium alloy project with annual capacity at 300,000 tonnes in central province of Henan. The project, operated by Baowu’s unit Baowu Aluminum Technology, is considered as a landmark of the steel tycoon’s extension to new materials industry. The first phase of the project, kicked off construction in February 2019, has a total investment at nearly seven billion yuan. The project is designed to produce 80,000 tonnes of aluminium alloy auto sheets, 50,000 tonnes of aluminium alloy medium plates and 170,000 tonnes of aluminium alloy plat and strip per year

Total planned capacity at Baowu Aluminum is seen at 600,000 tonnes per year

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