OREANDA-NEWS. August 02, 2013. In the drizzling morning rain, Deputy Governor Wang Yixin of Shanxi Province delegated a team to TISCO for investigation & research. During his visit, Wang Yixin asked TISCO to speed up transition & upgrading and constantly improve its comprehensive strength by taking steel as the key link.
      
Wang Yixin and the delegation were warmly received by TISCO high rank officials Li Xiaobo, Gao Xiangming, Chai Zhiyong and Xie Li in front of the 4350 m3 blast furnace of Iron-making Plant. Mr. Li Xiaobo, Chairman of TISCO, detailed the operational particulars of the blast furnace. Listening attentively, Wang Yixin asked carefully the capacity factor and automatic control standard of the furnace. At around the tap hole, Wang Yixin walk over close to the hole to observe the tapping process and question the tapping temperature. Then in the automatic control room of the blast furnace, Li Xiaobo expounded that being one of the most advanced blast furnaces in the world in the equipment standard, the 4350 m3 blast furnace features highly operational efficiency and energy saving & environmental performance. Circular economy has been realized in the production by means of practices of TRT, poisonous gas recycling, slag to cement, etc. Wang Yixin nodded in compliment when he heard the power generation from by-product heat and pressure could reach as much as more than 500 MkWh per annum.
      
Accompanied by Li Xiaobo and other TISCO leaders, Wang Yixin then visited Stainless Steel Cold Rolling Mill, 2250 Line of Hot Strip Mill, Section Steel Plant and TISCO Financial Company. Wherever he went, after inquired carefully to the productive & operational situation, productive process and applications of the product, Wang Yixin encouraged TISCO officials to make it big and strong by forging ahead and innovative endeavor in the way of market orientation.
      
Li Xiaobo reported the productive and operational circumstance of TISCO to Wang Yixin following the visit. According to Li, TISCO has, with constant upgrading and improvement, become a giant stainless steel complex in China equipped with globally biggest capacity, most up-to-date technology and equipment, allocating iron mining and iron & steel production, process, distribution and trade, supplying the most complete spectrum of products. In 2012, including 3.1 Mt of stainless steel, TISCO produced 10.12 Mt of iron and steel and yielded 140.5 BRMB of revenue. TISCO stands on the forefront of the steel industry in the regards of technical R& D capacity and diversified development & green development.
  
In hearing of the report, Wang Yixin said with pleasure that the investigation & research had brought him with deeper understanding and impression. TISCO was a steel business with a long history, its domestically outstanding achievements of garden like environment, vitality of market orientation and constant innovation, good control of quality and const, strong competitiveness of science and technology came from hard striving and united struggling of generations of staff, really deserved research and learning from by all.
      
Wang Yixin left high expectation to TISCO’s future development. He said, TISCO should stick to its Taking Steel as the Key Link policy, seeking for constant comprehensive competitiveness upgrading on a solidified foundation. Wang expected TISCO to realize all these by those efforts in speeding up transformation & upgrading, realizing iron & steel mix optimization & adjustment, aiming to high end market, increasing the percentage of the products of high value added and high technical content, improving the further processing standard of down stream products, and in the meantime, utilize coordinated harmonic development between the key of steel and diversified businesses by abiding by the way of diversified development, transforming from manufacturing industry to higher ended comprehensive industry and developing quickly the businesses of modern finance, trade, logistics, engineering technology, etc. On top of the above, Wang Yixin stressed that both the Provincial CPC Party Committee and Provincial Government of Shanxi would function well to serve enterprise development in a better way.
      
Li Xiaobo said, under the leadership of Provincial Party Committee and Provincial Government, TISCO will moving forward steadily on its way to the most competitive stainless steel producer in the world and a domestically first class and world famous large industrial group by key business reinforcement, business extension, diversified development green development and harmonious development, thus to contribute more to the economical growth of Shanxi Province.
      
Su Yuejin advised at the meeting some concrete proposals about the future development of TISCO.