WISCO sets "12th Five-Year Plan" target: the production capacity reaches 60mln t
Recently, reporters learned from the related departments that "12th Five-Year Plan" developing target submitted by WISCO showed that one steel group with an annual production capacity of 60mln tons will emerge.
The plan said that the main business scale of WISCO Group will reach above 60mln tons, among them, head office for 18mln-20mln tons, Egang for 5mln tons, Guangxi-Fangchenggang production base for over 10mln tons, Guangxi-Liugang for 8mln-10mln tons, Kungang for 8mln-10mln tons, Brazilian steelmaker for 5mln tons.
WISCO's head office and Fangchenggang steel production base are positioned as world's first-class steel production bases. Other enterprises are positioned as national first-class steel producers. By 2015, the income of steel main business will hit more than 300bln yuan, becoming the excellent and competitive top 500 enterprises, owning strong independent intellectual property right and core technology, entering world's first-sixth steel enterprises and China's first-third steelmakers.
The related revenue reaches over 130bln yuan, accounting for above 30% of the total incomes, and the earnings of employees double than "11th Five-Year Plan" period.
