OREANDA-NEWS.  January 24, 2014. The 5th meeting of the 15th Board of Directors of China Steel Corporation (CSC) was held.

Major items of the agenda adopted were:

Establishment of a Company to Process and Handle Desulfurization Slags
CSC will invest NTD371 million to establish a wholly-owned company for processing and handling the desulfurization slags which CSC Group produce in order to ensure that the handling operations will meet the environmental regulations and laws and the purpose of satisfied handling. The test run of the plant construction is scheduled for completion before May 2015.

Change of part management positions for the needs of business will be effective on February 1, 2014 (1) Executive Vice President Mr. Kin-Tsau Lee will leave his office to act as Chairman of China Steel Express Corporation. President of Dragon Steel Corporation Mr. Hong-Nan Lin will be promoted as Executive Vice President.

(2) Vice President of Production Mr. Tsung-Ren Jeng will leave his office to act as Chairman of CHC Resources Corporation. Assistant Vice President of Production Mr. Min-Cheng Tai will be promoted as Vice President of Production.