Posted on 16 Jun 2022
The board of directors of Dragon Steel Corporation (DSC), one of the structural steel section manufacturers in Taiwan and a subsidiary of China Steel Corporation (CSC), recently passed a new investment of NT$7.78 billion for a replacement plan of the No. 1 blast furnace, which will use artificial intelligence (AI) to improve production efficiency.
60% of the needed expense will be provided by DSC’s own funds, and the remaining will depend on financing.
The new plant was mainly aimed to improve the functions of the original equipment and update the instrument control equipment and computer system to ensure a stable operation of the system. Besides, equipment for gas recovery of top hopper release will be installed to expand energy-saving benefits.
Source:Yieh
