Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

China’s Jiuquan Iron and Steel successfully tapped its blast furnace no. 7 into production after upgrades. The Gansu province-based Jiugang Group (Jisco) is the largest steel producer in north-west China.    


Jiuquan’s 2,500 cubic meter No. 7 blast furnace was relaunched on Wednesday. The furnace was optimized and upgraded with an investment of CNY480mn and was scheduled to be completed by mid-year. The project is an important milestone for Jisco, which has a dominant position in north-west China steel market.


Jisco engages in the production and sale of steel, iron and rolling products. It produces pig iron, high-speed wire rods, bars, CC billets and plates. The company has an annual production capacity of 2.2mn mt pig iron, 2.2mn mt crude steel and 2.6mn mt rolled steel.

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