Inner Mongolia BaoTou Steel Union Co.,Ltd. (600010.SH), China's major steel producer, has successfully produced its first batch, 600 tonnes 60E1 rail that will be delivered to Europe for the Belgrade-Budapest railway construction.
The steel giant's marketing branch in Beijing sealed the order for 22,635 tonnes 60E1 rail last December for the Belgrade-Budapest railway.
It is noted that this is the first time the rail and beam plant of BaoTou Steel Union produce 50 meters of sizing rails, for which its all-purpose rolling process was applied. The whole process of billet heating, rolling, sawing and sizing, loading and warehousing has been optimized to produce higher-than-user standard product, a source noted.
The Belgrade-Budapest railway, about 350-km-long, is a major project within China's Belt and Road Initiative and is a flagship project within the China-Central and Eastern European countries cooperation platform.