Wisco Fangchenggang Project Land 3-year deadline to force push this year to start

With capacity replacement, the Fangchenggang Steel project, which has been suspended for years, is expected to start in the year.　　Yesterday (March 1), National People's Congress, Wuhan Iron and Steel group general manager Deng openly to the media, Wisco hopes to start this year 5 million tons ~800 million tons of equal or reduce the backward replacement, in order to promote the construction of Fangchenggang million ton Iron base project in Guangxi. Several days ago, Deng in the fourth general meeting of the Association of CISA, "' Twelve-Five ' period, in the control of the total production of steel, under the premise of the completion of Guangdong Zhanjiang and Guangxi Fangchenggang, such as the modernization of coastal modern steel construction."　　"It is reported that the steel industry layout is mainly three kinds, namely close to the source of resources, close to the port, close to the product consumer market." Reporter learned that Fangchenggang steel base if built, and convenient logistics conditions, the combination of overseas mineral resources, steel industry structure will be more optimized. "This is the main reason why Wisco built a factory in the area, the iron ore can be transported directly to the capital harbor and reduce the cost of transporting raw materials."　　Said Xu Li, analyst at the Lange Steel Research Center.　　Public information shows that the Fangchenggang project was originally approved by the end of 2008 and officially started in early December, and strive in the first half of 2011, the first production line within 30 months into production, the overall project for full completion in 2012 completed production. However, the Fangchenggang project, which was scheduled to start officially at the end of 2008, is still waiting for a paper approval from the National Development and Reform Commission.　　It is noteworthy that, in the last 3 years of waiting, the problem before the project "only increased a lot". "(Fangchenggang base) land bought for 3 years, according to the latest regulations of the Ministry of Land and Resources, this year will not start the land may face recovery, the EIA period is also about to expire, it is likely to be overturned."　　"Deng said. Although no reply was received, the preparation was granted by the government.　　According to analysts, it is feasible for Wisco to choose capacity replacement to promote the project. "This base is a boutique steel base, must have corresponding capacity elimination, Wisco may choose subordinate subsidiaries in the production level backward capacity to be eliminated."　　Xu Li to the daily economic news reporter. Xu Li revealed that "Baosteel Zhanjiang project, the blast furnace design and other feasible plans are in progress, and is expected to start in April this year, Fangchenggang project may be later than Zhanjiang project, but it is only a matter of time." ”