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[Project Brief] Guangxi Steel Group Co., Ltd. Fangchenggang Steel Project

Time：

2020-05-22

Project Background: The Fangchenggang Steel Project is being constructed by Guangxi Steel Group Co., Ltd., with a total investment of 63.99 billion yuan. The project is planned with a scale of 10 million tons of steel, designed to produce 8.5 million tons of iron, 9.2 million tons of steel (billets), and 8.6 million tons of steel products annually. It will also produce 2.8 million tons of hot-rolled commercial coils, 4.4 million tons of cold-rolled coils, and 1.4 million tons of thick plates each year. The construction period for the project is 4 years, and upon completion, it will have a production capacity of 9.2 million tons of steel, with room reserved for a second phase of development. The construction site is located in the Qisha Industrial Park of Fangchenggang City. The project will also include the construction of 14 berths and a number of auxiliary facilities, with a total dock length of 3,166 meters.

Project Background

The Fangchenggang Steel Project is constructed by Guangxi Steel Group Co., Ltd., with a total investment of 63.99 billion yuan. The project is planned for a scale of 10 million tons of steel, designed to produce 8.5 million tons of iron, 9.2 million tons of steel (billet), and 8.6 million tons of steel products annually, including 2.8 million tons of hot-rolled products, 4.4 million tons of cold-rolled products, and 1.4 million tons of thick plates.The construction period of the project is 4 years, and while achieving a production capacity of 9.2 million tons of steel, it reserves space for phase two development.The construction site is located in the Qisha Industrial Park of Fangchenggang City.The project also includes the construction of 14 berths and a number of auxiliary facilities, with a total dock length of 3,166 meters and an annual throughput capacity of 41.67 million tons.

Product Introduction

The low-voltage automatic reactive power compensation and filtering device uses an LC filtering circuit, operating in parallel with the harmonic source, designed based on the characteristics, content, and proportion of harmonic currents, as well as the system's reactive power.The filtering branch provides a very low impedance path for harmonic currents.This allows most of the harmonic currents to be absorbed by the filter, significantly reducing the system's harmonic current injection value and lowering the voltage distortion rate.At the same time, the device also provides capacitive reactive power to the system, improving the system's power factor.

Product Features

1. The controller uses an instantaneous reactive power algorithm, with a response speed of 10ms, capable of manual/automatic control;

2. Multiple switching methods such as cyclic switching, coded switching, and sequential switching;

3. Real-time monitoring of system parameters such as voltage, current, power factor, harmonics, and compensation status;

4. Real-time tracking of load changes, with a dynamic cycle of (10~20ms), without waiting for discharge;

5. Comprehensive protection measures against overvoltage, undervoltage, overcurrent, short circuit, and phase loss;

6. Phase compensation and harmonic elimination functions for inter-phase loads;

7. Suitable for most phase dynamic compensation.

Party A Introduction

Guangxi Liuzhou Steel (Group) Company was established in 1958, located in the industrial city of Liuzhou, Guangxi, with convenient water and land transportation, covering an area of 13 square kilometers.It is a large steel joint enterprise primarily engaged in steel production, implementing diversified operations.Since 1987, it has ranked among the top 500 Chinese enterprises for consecutive years, ranking 142nd in 2008, an increase of 18 places from 2007.The total value of fixed assets is 26.8 billion yuan, with approximately 15,000 registered employees and nearly 5,000 various professional technical personnel.