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Fire accident at Baoshan Iron and Steel’s plant at Shanghai is unlikely to impact its iron and steel production in 2020, according to the company.


The incident which took place at 10:45 pm China standard time on Mar 8, has not affected production and operations, states the company. Blast furnace 3 at the facility caught fire after a damaged pipe spewed out high- temperature gas. Production through this furnace will resume after the company ensures its safety.


Baoshan Iron and Steel has its manufacturing bases at Shanghai, Wuhan, Zhanjiang and Nanjing. Baosteel Group under which the plant functions, produced 95.22mn mt of crude steel in 2019. 


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