History
Sinosteel Xingtai Machinery & Mill Roll Co.,Ltd (abbreviated as Sinosteel XTMMC) , founded in 1958, is an all-capital subsidary of Sinosteel Group, mainly engaging in design, manufacture and sales of mill rolls,complete sets of metallurgical equipment and spare parts. It was originally a metallurgical machinery repair plant directly under the Ministry of Metallurgical Industry and was listed on Shanghai Stock Exchange in 1999.It formally jointed Sinosteel Group on April 19,2006.The company takes an area of 1.23 million square meters and has 6700 employees, with total assets of 4.5 billion yuan.The company ranks first in the output scale of mill roll products in the world.The sales income of the company is 3.25 billion yuan in 2008. In 2009, facing the impact of financial crisis,Sinosteel XTMMC’s operational objective is to achieve the output value of 2.5 billion yuan with business revenue of 2.5 billion yuan, striving to 3.0 billion yuan.
Product Market
Possesssed of advanced technological facilities on melting, casting, forging, heat treatment and mechanical machining, the company has built complete production lines for cast steel, cast iron and forged steel rolls for strip mill, heavy section mill , wire and bar mill, special mill, small-sized mill and the production lines for metallugical equipments such as billet(bloom)/slab continuous casting machines (CCM), coke dry quenching (CDQ) and coke-oven equipments.
Since 2006, the company has invested 2.3 billion yuan to implement the "three major technical renovation projects" represented by the forged steel rolls for cold and hot strip mills, the centrifugal cast rolls for hot strip and plate mills and the state-rank technology center, and the conversion and/or extension projects of its wholly-owned subsidiaries. A series of important and key equipments including 3,150t and 8,000t oil hydraulic press, the most advanced and largest domestic horizontal centrifugal casting machine and roll dry grinding machine have been put into operation. Presently, the company’s equipment and technical ability has achieved the world-class level, with an annual production capacity of rolls of 140,000 tons. By the end of 2008, after the completion of the "three major technical renovation projects", the company’s roll production capacity will reach over 200,000 tons.
R & D of Technology and Products
The Company has a provincial-level technology center named in the first batch by Hebei Provincial Government. The roll research institute under the center is the only professional roll research institution. It also established the only post-doctoral research station in the domestic roll-making industry in 2003, usually with 3-5 post-doctors in the station specially engaging in the researches and developments of basic theory and practical technologies, as well as new materials and new technology of mill rolls and metallurgical equipments.
After years of the introduction, absorption and innovation, the company has now mastered the world-advanced proprietary technologies of duplex centrifugal cast rolls, static duplex cast backup rolls, large section break-down rolls and roll rings, differential heat-treating technology of high performance duplex cast rolls, non-destructive testing technology of large sectional cast and forged rolls. It possesses a number of independent intellectual property rights and core technologies, and more than 50 products of the company have filled in the domestic production blanks to substitute the imported ones.The company has the design and manufacturing capabilities of complete sets of rolls in various types and materials for a variety of large and modern mills.
"11th Five-Year Plan" Strategy
In accordance with Sinosteel Group’s overall development plan, Sinosteel XTMMC will give full play to its comparative advantages in technology, equipment, personnel, market and brand to do its roll-making industry be more specialized, more perfect, stronger, bigger and better through its own expansion and, internal and external resources integration and restructuring. In the "11th Five-Year Plan" period, 2.3 billion yuan shall be invested in the technological upgrading. By the year of 2010, the total operating income shall reach 5.0 billion yuan, the domestic market share of our high quality rolls shal account for more than 50%, and the company shall be developed into the first powerful enterprise in the world’s roll-making industry with an international vision and concept of global competition.
