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[Ferro-Alloys.com]

  In 2020, the first-line project of Dexin iron and Steel Co., Ltd. in Indonesia started production at the end of March, and continued to make profits when it reached the production capacity in June, creating a precedent for overseas steel plants to achieve production capacity and profit efficiency. The second-line sintering project has been successfully put into operation at the end of December. In January 2021, the iron and steel tapping will also be carried out for blast furnace and steelmaking. By then, the main process of Dexin phase I project with 4 million tons will be fully put into operation.

  In 2021, Indonesia Dexin iron and Steel Co., Ltd. will achieve the lowest cost and process cost, the highest product price with the leadership and help of the group company. We should actively promote the construction of "four modernizations" and practice Delong culture via "six virtues", namely: International, lean, green, innovative, digital and happy Dexin. "Delong mode" is presented as the group's past valuable experience. We should pass on advanced ideas, excellent achievements and characteristic management mode, combining Dexin’s creation and innovation, to be a model company for the group's overseas expansion.

  On October 10, 2020, Mr. luhute, special envoy of the president of the Republic of Indonesia and Minister of ocean and investment co-ordination, and Mr. Ding Liguo, chairman of Delong group and chairman of new Tiangang Group, signed a general planning agreement on the capacity of the 20-million-ton iron and steel project in Indonesia in Tengchong, Yunnan Province. At present, the construction of coking and blast furnace of Dexin phase I expansion project has started, and it is planned to reach 6 million tons of iron and 7 million tons of steel in Dexin phase I in the first half of 2022; meanwhile, the 3 million tons coking project of Dexin phase II project in K island is in active preparation.

• [Editor:Catherine Ren]