Xinjiang Bayi Iron & Steel (600581.SH) plans to implement a project to build a new 3500mm pre-leveling machine for the medium and thick plate rolling mill. The total investment will not exceed 35 million RMB.

Xinjiang Ba Yi Iron & Steel (600581.SH) announcement. In response to the structural adjustment demand of medium and thick plate products, the company plans to increase the production volume of TMCP high-strength steels such as wind power bridge steel above Q420, coal machine steel Q550/Q690, and 600MPa hydropower steel, accounting for a total of 50%. The company plans to implement the construction of a new 3500mm straightening machine project in the rolling mill, with a construction period of 264 days and a total investment not exceeding 35 million yuan. Specifically, the project plans to build a 3500mm straightening machine at the entrance of the ACC, including the complete set of equipment for the straightening machine, as well as civil foundation, hydraulic, electrical, lubrication, automation, power distribution, and auxiliary facilities. The basic configuration of the straightening machine adopts full hydraulic, quadruple tilting, reversible, with a maximum straightening force greater than 3100 tons, main motor power of 2750kw, and one set of backup roller system. Before the precision rolling mill, 63 centralized drive roller paths will be converted to single drive, utilizing the old roller paths. After the project implementation, the medium and thick plate production unit will successfully have the mass production capability for TMCP high-strength steel full range of specifications, effectively promoting the company's product structure towards high-end, laying a solid foundation for enhancing market competitiveness.