en.Wedoany.com Reported - The Department of Industry and Information Technology of Inner Mongolia Autonomous Region, China, issued an announcement on July 1, 2026, stating that the capacity replacement plan for the ironmaking segment of the integrated restructuring, transformation, and upgrading high-quality specialty steel industrial base demonstration project of Inner Mongolia Yaxin Longshun Special Steel Co., Ltd. has been officially approved. The plan is valid from July 1, 2026, to June 30, 2028.
According to the capacity replacement plan, Inner Mongolia Yaxin Longshun Special Steel will build a new 1,780m³ blast furnace at its existing plant site, with an annual capacity of 1.52 million tons. Construction is scheduled to start in October 2026, with planned commissioning in October 2028. The capacity quota for the new blast furnace will be obtained by shutting down its own old and small blast furnaces, merging and reorganizing Baoxin Special Steel, and purchasing capacity from Da'an Steel. The self-owned and merged capacity will be replaced at a ratio of 1.1:1, while the purchased capacity will be replaced at a ratio of 1.25:1.
Inner Mongolia Yaxin Longshun Special Steel Co., Ltd. was established in Baotou City, Inner Mongolia, in 2008, with a total investment of 3.6 billion yuan, covering an area of approximately 2,000 mu, and employing over 3,000 people. It has an annual production capacity of nearly 3 million tons of iron, steel, and rolled products, making it a large-scale modern integrated steel enterprise encompassing sintering, shaft furnaces, ironmaking, steelmaking, rolling, transportation, and deep processing. In response to the steel capacity consolidation efforts of Inner Mongolia Autonomous Region and Baotou City, the company completed the transfer of 1.2 million tons of ironmaking capacity and 800,000 tons of steelmaking capacity from Da'an Steel in August 2023; in December of the same year, it acquired a 51% stake in Baoxin Special Steel, completing a substantive merger and reorganization.
The approval of this capacity replacement plan marks significant progress in the merger, reorganization, and capacity optimization of Inner Mongolia's steel industry.
