The port condition if Ningbo is very suitable for the development of metallurgical industry, since the reform and opening up to the outside word, the metallurgical industry in Ningbo achieve a big progress. In 2000, there are more than 83 enterprises whose annual sales revenue exceed 5,000,000 RMB Yuan, the total industry output values 4.8 billion RMB Yuan. In general, the total amount of metallurgical industry in Ningbo is small, but it takes an advantage in certain area in accordance with the domestic market needs and self investment. The smelting of stainless steel and further processing, nonferrous metal especially copper smelt and further processed products, including all kinds of plate, strip, foil, tube, stick, wire and template, they are all popular over China.

The main products in steel and iron industry include: Cold-rolled stainless steel plate, wire, hot-galvanized steel wire, spiral welded tube and seamless tube, out of which the production ability of cold-rolled stainless steel plate is 80,000 tons, it reach a certain scale level in China. The galvanized steel wire plays an dominant role in the domestic fishery, which takes 50% of the market share. The main products of the nonferrous metal at present include: plate, strip, foil, tube, stick, wire and template, a series product and the processing ability is shaped and the technical level is greatly improved in recent years.

The metallurgical industry in Ningbo begin to pay attantion to the product quality, the ISO9000 certification is widely accepted by the key enterprises. A famous brand winning campaign is launched among the enterprises, by the end of 2000, following six kind of products were entitled the famous brand name in Ningbo: Chi Yang hot-galvanized steel wire, Zhejing High-frequency spiral welded tube, San Huan copper strip, H62 brass strip and cathode of Jin Tian Copper Industry and He Sen bearing tube.

In 2000, following enterprises output values are over 0.1 billion RMB Yuan: Ningbo Jin Tian Copper Industry, Ningbo Bao Xin Stainless Steel Company, Ningbo Steel Works, Ningbo Xing Ye Group, Yuyao Shun Qi Nonferrous Metal Company, Zhejiang Yao Zhi Group and Ningbo Dong Fang Copper Corporation, etc.

In order to meet the national policy of limiting the small metallurgical and steel works, the steel-making furnace in Ningbo Steel Works stopped production on Dec. 26th, 2000, the construction for the project of compound stainless steel plate started.

During the 10th five-year plan, the metallurgical industry in Ningbo will focus on the 2nd and 3rd stage of Ningbo Baoxin Stainless Steel Production, to complete the adjustment of industry structure after stopping the furnace in Ningbo Steel Works, and to develop the high-tech metallurgical products like compound stainless steel plate. Meanwhile, renovate the current metallurgical enterprises, regulate the smelting of stainless steel and its further processing. To improve the equipment, technology and management level for the nonferrous metal processing enterprises, really make Ningbo the national base for stainless steel processing and copper smelting at the end of the 10th national five-year plan.