The Bayuquan Steel Project of Ansteel reached monthly designed capacity at its iron-making, steel-making and rolling units in just ten months and daily designed capacity at a heavy plate production line in five months since its official operation on September 10, 2008. With seven invention patents, 17 practically new patents and 37 proprietary technologies, the project has entered worlds leading ranks in terms of various economic and operational indicators. Its shipbuilding steel has been universally recognized by nine countries and hot rolled products sold to South Korea, Japan, Germany and Spain.